Valor Real Estate Partners (Valor) has completed the acquisition of a prime last mile logistics facility in Birmingham, for £50 mln (€60 mln), from NFU Mutual. The transaction continues Valor’s stated strategy of expanding its footprint in select regional cities as it looks to double its UK portfolio.
CDC Investissement Immobilier, the real estate asset management subsidiary of French financial institution Caisse des Dépôts, has inked a strategic partnership with Covivio in Germany.
