On behalf of its joint venture with QuadReal Property Group, Valor Real Estate Partners has finalized the refinancing of a portfolio of five urban logistics assets in France. The three-year, €105 million loan was granted by Deutsche Pfandbriefbank AG. This loan refinances an initial €105 million facility, concluded with pbb in 2022, secured by a portfolio of six last-mile logistics assets. One of the assets, located in Limeil-Brévannes, was sold in 2024, generating an internal rate of return of over 30%.