Valor acquires last‑mile logistics facility in Lyon

Valor Real Estate Partners has acquired a 9,000 sq m Grade A last‑mile logistics facility in Corbas, one of Lyon’s most established urban distribution hubs. 

Corbas, Lyon

The asset was acquired off‑market from Roche Dubar, an operating partner active in France for more than three decades. The purchase price was undisclosed.

Located in the highly coveted food market district of Corbas, the facility benefits from excellent connectivity to Lyon’s metropolitan area via the A46 and A43 motorways. Delivered in 2013 as a build‑to‑suit for a leading beverage distribution company, the property is fully leased and serves as the occupier’s key distribution hub for Lyon and surrounding regions.

The modern facility offers best‑in‑class specifications, including a 32‑metre truck yard, 9‑metre clear height, 22 loading doors and 2,000 sq m of external storage. Valor plans to implement additional ESG initiatives, including the introduction of a building management system, complementing existing upgrades such as LED lighting, EV charging stations and dock charging infrastructure for the tenant’s electric truck fleet.

Corbas is one of Lyon’s most competitive last‑mile submarkets, characterised by strategic transport connectivity, proximity to the city centre and severe land scarcity. Strong occupier demand and limited supply have contributed to sustained rental growth and resilience across high‑quality assets.

“We’re pleased to have secured this transaction of a modern, Grade A last‑mile facility leased to an A‑covenant tenant in one of the most sought‑after locations in Lyon,” said Thibault Schnyder, Vice President, Investments at Valor. “This is Valor’s sixth acquisition in Corbas, where we have seen strong performance and resilience of well‑located, high‑quality buildings.”