Valor and Quadreal commit €91 million for best-in-class urban logistics hub in North-East Berlin

16 December 2025

Valor Real Estate Partners (“Valor”), Europe’s fastest-growing last mile specialist, has committed €91 million on behalf of its joint venture with QuadReal Property Group (“QuadReal”), a global real estate investment, development and operating company, to acquire a major urban logistics asset and development site in  North-East Berlin (from  Coca-Cola Europacific Partners Deutschland).

The JV has acquired a 26,000 sqm warehouse in the Berlin submarket of Lichtenberg and simultaneously agreed a 10-year lease with a leading German beverage company as the single tenant. The investment also includes an adjacent development site where Valor has secured a preliminary building permit and will deliver a 36,000 sqm, DGNB Gold certified, Grade-A scheme with features including 12.2m clear heights, PV panels and a green roof. Completion is targeted for Q1 2028.

Lichtenberg boasts excellent connectivity to Berlin’s city centre and benefits from its proximity to several major arterial routes including the B158, B2 and A10.

The transaction continues the JV’s strategy of identifying and delivering best-in-class urban logistics assets in Germany’s dominant e-commerce centre, where its portfolio now comprises six assets spanning more than [87k sqm] and a secured development pipeline of 61k sqm.

Vincent Lampe, Senior Vice President at Valor, commented:

“This off-market acquisition underlines our ability to identify and execute complex transactions in highly-competitive submarkets. The fully leased warehouse provides secure long income, while the pre-approved development land offers value-creation to establish a modern logistics park. This transaction aligns with our strategy of investing in supply-constrained last-mile locations with both stable cash flow and embedded growth.”

Cane Napolitano, Managing Partner and CIO at Valor commented:

“With e-commerce penetration in Germany set to reach around 19.8% in 2025, demand for modern last-mile space in Berlin remains exceptionally strong. Backed by our on-the-ground German team led by Vincent and our growing, tech-enabled platform, our ambition is to significantly increase our capital deployment in Germany in 2026.”

Thomas Blangy, Senior Vice President at QuadReal, added:

“This transaction further strengthens our portfolio in what is Germany’s dominant e-commerce centre. Given these assets’ excellent connectivity to Berlin’s city centre and proximity to a number of major arterial routes, as well as the upside from the development site, this transaction is entirely in line with our global investment strategy of targeting high growth urban logistics hubs in key markets across Europe and the UK.”

Valor was advised by Clifford Chance and Hellriegel Rechtsanwälte. Engel & Voelkers acted as sell-side broker.