Clifford Chance advises Valor on acquisition of a major urban logistics asset and development site in Berlin

Global law firm Clifford Chance has advised Valor Real Estate Partners (“Valor”), Europe’s fastest-growing last mile specialist, on the acquisition of a major urban logistics asset and development site in North-East Berlin. Valor acted in this transaction on behalf of its joint venture with QuadReal Property Group (“QuadReal”), a global real estate investment, development and operating company. The Clifford Chance team also supported Valor in negotiating a new 10-year lease agreement with a prominent German beverage company which will occupy the asset as sole tenant.
The asset is a 26,000 sqm warehouse and located in Berlin’s Lichtenberg district. The transaction also covers a neighbouring development plot, for which Valor has already secured preliminary planning approval and intends to deliver a 36,000 sqm, DGNB Gold-certified, Grade-A logistics facility. Completion of the new development is anticipated in the first quarter of 2028.

This deal is in line with the joint venture’s ongoing strategy to source and develop top-tier urban logistics assets in Germany’s key e-commerce hub. Their portfolio now comprises six properties with a combined area exceeding 87,000 sqm.

The Clifford Chance team for Valor was led by partner Kristina Jaeger and comprised counsel Amrei Fuder, associate Sabrina Tenebruso and senior transaction lawyer Sophie Töke (all Real Estate) as well as partner Dominik Engl, transaction lawyer Jule Geiger (all Tax, all Frankfurt) and tax consultant Leonie Gebauer (Tax, Munich).