Fundraising - MAY 16, 2018

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Valor extends partnership with AIG with launch of industrial fund

by Jody Barhanovich

Valor Real Estate Partners has launched its second venture, Valor Industrial Partners 2 (VIP2), with AIG Global Real Estate, which is comprised of a group of international companies within the global insurance organization AIG, as well as a further acquisition for the vehicle in the United Kingdom.

VIP2 will continue to pursue a value-add strategy similar to its predecessor, VIP1, investing in and selectively developing logistics and industrial real estate in the United Kingdom and Continental Europe. VIP2 will have more than £300 million ($404 million) of purchasing power including leverage.

In addition, Valor has acquired as part of the vehicle three modern warehouse units in Dartford, East London, totaling 135,000 square feet. The site benefits from excellent connectivity to Central and Greater London, via the A2 and M25, and provides direct access to the densely populated East London area. The transaction takes the value of Valor’s Greater London portfolio to ap

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