Valor Real Estate Partners (“Valor”) is pleased to announce the off-market acquisition of a 33,300 sq ft logistics asset located south of Gatwick in the strategic submarket of Crawley, Sussex.

The asset is currently fully let to Aerfin Ltd., an aircraft component leasing and consulting business, and has been built to a highly functional specification.

The asset’s location caters to both Gatwick Airport related as well as broader South London tenant demand.

Cane Napolitano, Principal at Valor commented:

“This is our second acquisition in the dynamic submarket of Crawley, underpinned by its proximity to Gatwick Airport. The transaction benefits from access to both South London and the wider South-East commuter belt, underlining our commitment to acquiring high quality assets in competitive locations. With extremely low vacancy rates, limited regional supply, and a highly constrained development pipeline, Crawley is positioned to continue the strong rental growth seen in recent years”.

Ned Langlands-Pearse of Doherty Baines represented Valor on the transaction and the Seller, Good Harvest Properties Ltd was unrepresented.