Valfondo delivers logistics platform in France for Action

Spanish logistics asset manager and developer Valfondo has completed its first project in France, delivering a nearly 100,000 m2 logistics platform in Valenciennes for non-food discount retailer Action.

Valenciennes - Valfondo

The facility ranks among the largest logistics developments completed in France over the past year.

Developed on a turnkey basis, the platform spans 99,430 m2 and has been tailored to Action’s operational requirements, ensuring efficiency and high construction standards. The site incorporates advanced logistics design to streamline flows and boost performance.

The project was carried out in line with sustainability best practices and is targeting BREEAM Outstanding certification, one of the highest benchmarks for green buildings. Integrated features include solar panels, energy-efficient systems, and design solutions aimed at self-sufficiency.

Situated in Valenciennes, a key European logistics hub with access to major transport routes, the platform will support the supply chain for Action stores across northern France and neighbouring regions.

Ben Alogo, Valfondo’s International Business Development director, stated: “Through this project, we are leveraging more than 20 years of experience in Spain to accelerate our growth across Europe. This achievement reflects our ambition to strengthen our long-term presence in key logistics markets, alongside leading international operators.”

Valfondo currently manages a portfolio of 57 logistics and industrial assets, totalling more than 2 million m2 of gross leasable area across the Iberian Peninsula and France.

This latest transaction also marks Valfondo’s first real estate development in France, complementing its role as asset manager and shareholder of Montepino, a listed REIT and one of the leading logistics real estate players in the Iberian market.