Valor Real Estate also executes a separate €30m refinancing of existing assets. :
Valor Real Estate Partners has bought a 62,000sqm logistics park in the capital of France and has also completed a €30m refinancing of three existing French assets. Valor Industrial Partners 1 (VIP1), an investment partnership between Valor Real Estate Partners and AIG Global Real Estate, bought the logistics site in Le Bourget, Paris. Valor said it has also completed a €30m refinancing of three existing French assets in Croissy, Emerainville and Les Ulis, through a bond issue arranged by Venn Partners.