Beckton, Gemini Units 29 & 30

Valor has secured a £64 million debt facility with BGO for the development of a 216,000 sq ft high-specification, sustainable last mile logistics estate in Beckton, East London. It is the first transaction between the two parties.

The 5-year facility will enable Valor to refinance the original acquisition of the 10-acre site and develop four self-contained logistics units ranging from 27,000 sq ft to 80,000 sq ft. Valor is already seeing strong demand for the units ahead of construction starting.

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