Valor Real Estate Partners has bought a 100,000 sq ft multi-let industrial park in Ruislip and a 38,000 sq ft property in Park Royal.
The Ruislip acquisition comprises 10 fully-let units, while the second acquisition in Park Royal is located off the A40. They acquired the two along with another property in Thurrock for around £50m.
Gustav Detter, Vice-President Investments at Valor, said: “We are delighted to have secured three prime assets in some of the most attractive London submarkets. These assets are very well-placed to benefit from above average rental growth on account of low vacancy rates and increasing occupier demand for logistics assets in these areas.
“Valor continues to pursue our strategy of acquiring quality last-mile logistics assets in supply constrained submarkets with substantial capital available for new opportunities.”
