Valor acquires 125,000 sq ft Park Royal multi-let industrial estate
19 June 2025
Valor Real Estate Partners (“Valor”), Europe’s fastest growing last mile logistics real estate specialist, has acquired Westwood Trading Estate, a prime multi-let industrial property in Park Royal, West London, from a private individual. It extends Valor’s footprint in what is London’s key last mile distribution location, with 4.3 million people accessible within a 30-minute drive time.
Developed in the 1980s, the estate comprises two opposing terraces totalling 125,000 sq ft across 13 units, all featuring excellent specifications for the submarket. It is currently 70% occupied by a range of predominantly 3PL and distribution businesses. In line with its value-add strategy, Valor intends to undertake a comprehensive, ESG-led refurbishment programme of the four vacant units to drive the rental tone on the estate.
The estate is strategically located within the wider Park Royal urban industrial area, in proximity to both the North Circular and A40, enabling excellent vehicular access to nearly 13 million people within a 60-minute drive time.
Timour Wielemans, Vice President, commented:
“This was a rare opportunity to acquire, off market, a prime multi-let estate, the type of urban asset that has attracted the most liquidity over the past 12 months. The estate is under-rented, which offers the opportunity to capture significant reversion over our hold period.
“Despite ongoing broader market volatility, we continue to source and execute on attractive investments, leveraging our capital and deal execution capabilities, which have seen us deploy £200+ million in London since the start of the year.”
Valor was advised by Simmons and CBRE.