Valor commits €25 million to acquire 20,000 sqm site in South Paris for state-of-the art urban logistics scheme redevelopment

9 April 2026

Paris – Valor Real Estate Partners (“Valor”), Europe’s leading last-mile logistics specialist, has committed €25 million to acquire a 20,000 sqm site in Morangis, South Paris to redevelop a state-of-the-art urban logistics scheme.

Acquired off-market from a worldwide leader in Tools and Outdoor, the site will be redeveloped into a c. 10,500 sqm urban logistics scheme comprising a 9,000 sqm facility divisible into three units, alongside a standalone 1,500 sqm unit. Construction is scheduled to commence in May 2026, with practical completion targeted for Q2 2027. The construction will be handled by CEMR, a general contractor who has worked on more than 15 projects for the group. This new addition to Valor’s portfolio evidence their expertise and leadership throughout Europe in complex land remediations and redevelopment capacity.

In line with Valor’s value-add strategy, the scheme will be delivered to the highest sustainability and operational standards, targeting BREEAM “Excellent” and BiodiverCity “Performant” certifications. Key features will include 12% office content, 8-metre clear height, a 35-metre yard depth, and rooftop solar panels.

Morangis is a prime last-mile logistics submarket close to Orly Airport and is located just 15 kilometres south of Paris. The area is characterised by an undersupply of modern, sustainable logistics to meet demand from the retail and distribution sectors.

Valor continues to expand its development pipeline in France. In March, Valor secured a large land plot in South Paris, where it plans to deliver a c. 40,000 sqm urban distribution park, with construction expected to commence in Q1 2027. In addition, Valor’s 5,000 sqm and 12,000 sqm developments in Aulnay-Sous-Bois and Mitry-Mory respectively, remain on track for completion in May 2026 and are already attracting potential tenant’s interest. In Fleury-Merogis, Valor also started the renovation/extension of a 10,000 sqm last-mile cross-dock, to be delivered during the first quarter of 2027.

Jonathan Muller, VP Developments at Valor Real Estate Partners, commented:

“Securing prime, off-market opportunities in land-constrained urban submarkets is central to our strategy. Morangis is a highly attractive location benefiting from the structural growth of the Orly corridor, where the lack of modern stock creates a compelling opportunity to deliver best-in-class, sustainable logistics space. More broadly, we remain highly confident in our ability to identify and execute developments in supply-constrained locations, where occupier demand continues to exceed availability. The area is dominated by outdated, second-hand stock, positioning our development to meet the growing demand for high-quality, modern and sustainable logistics facilities.”

On top of its French projects, Valor also has ongoing developments in its target markets, such as Berlin (25,000 sqm) and Enfield (10,000 sqm) near London, further evidencing the group’s leadership within this strategy.

Valor was advised by Simmons & Simmons (SPA negotiation, construction, financing and structuring), Oudot (notary), LA4P/CEMR (construction/architects, the same team that built Valor’s landmark brownfield redevelopments in Le Bourget (28,000 sqm) and La Courneuve (10,000 sqm)), and Cushman & Wakefield (broker).