Valor and QuadReal to deliver logistics hub in South Paris

Valor and QuadReal are partnering to develop a 10,000 m2 cross-dock logistics centre in Fleury-Mérogis, south of Paris.

Logistics

The two partners have acquired a 4.05-hectare site, which includes an existing 6,500 m2 vacant facility.
Valor will renovate and expand the current building, adding 3,500 m2, to create a modern logistics hub designed for third-party logistics, parcel delivery, and distribution companies. The upgraded facility will feature a high door ratio, 9-metre clear heights, spacious vehicle yards, and ample parking. ESG-focused improvements will include LED lighting, new exterior cladding, and refurbished office spaces.
This project addresses the shortage of cross-dock facilities in Paris, where vacancy rates are very low. Fleury-Mérogis is an excellent location due to its strong transportation links, including direct access to the A6 highway, and its proximity to major distribution points like Orly Airport and Rungis International Food Market.
Victor Massias, partner head of developments at Valor, said: “This transaction builds on our proven track record in the Paris cross-dock market and reflects the JV’s conviction in highly supply-constrained, infill logistics locations where this type of product is scarce. Fleury-Mérogis benefits from exceptional fundamentals, and through a comprehensive refurbishment and extension programme, we will deliver a future-proof, ESG-compliant asset aligned with the evolving requirements of last-mile and parcel delivery occupiers.”
Thomas Blangy, senior VP at QuadReal, added: “This transaction further strengthens our already compelling portfolio in the Greater Paris region, one of France and Europe’s most important logistics markets. With this asset’s excellent connectivity and the clear scope for value-add improvements both in terms of its sustainability credentials and from an operational perspective, this transaction is firmly in line with our global investment strategy of targeting top quality assets in high growth urban logistics hubs across Europe and the UK.”
Valor was advised by Oudot, Simmons & Simmons, Les Ateliers4+/CEMR, and CBRE (broker).