Glencar secures new industrial development at Valor Park Enfield. 22nd July 2026 Building on a successful partnership. Building on the successful delivery of Valor Park Tottenham, this latest project further strengthens Glencar's partnership with Valor Real Estate while delivering high-quality, sustainable industrial space, targeting BREEAM Excellent certification and an EPC A+ rating. Glencar has been appointed by Valor Real Estate to deliver Valor Park Enfield, a 109,031 sq ft Grade A industrial and logistics development in North London, further strengthening the successful partnership between the two organisations. Located at Millmarsh Lane, Enfield, the design and build project will deliver a high-specification industrial warehouse with ancillary office accommodation, service yard, car parking and associated infrastructure works, including S278 highway improvements. Construction follows the successful completion of Valor Park Tottenham, where Glencar recently delivered c.72,000 sq ft of sustainable last-mile logistics space in a constrained urban location. The latest appointment reflects Valor's continued confidence in Glencar's ability to deliver complex industrial and logistics developments to the highest standards of quality, safety and sustainability. Sustainability is central to the development, which is targeting BREEAM Excellent certification and a predicted EPC A+ rating. The scheme will also incorporate photovoltaic panels, alongside a programme of social value initiatives that will support the local community throughout construction. Enabling works commenced in June 2026, with the main construction contract beginning on 3rd August 2026. Completion is anticipated in April 2027. Valor Park Enfield will provide modern, flexible industrial accommodation in one of London's key logistics locations, supporting occupier demand with high-quality, sustainable space that meets the needs of today's supply chain and distribution businesses. The professional team includes Christopher Smith Associates as Project Manager, Employer's Agent and Quantity Surveyor, Chetwoods as Architect and Burrows Graham as Structural Engineer. Managing Director - South at Glencar Glencar is delighted to be continuing its relationship with Valor following the successful delivery of Valor Park Tottenham. This latest appointment reflects the strength of its partnership and its shared commitment to delivering high-quality, sustainable industrial developments. Glencar look forward to working closely with Valor and the wider project team to deliver another successful scheme. Conor Phillips Senior Associate at Valor Real Estate Partners LLP Following the successful delivery of Valor Park Tottenham, Glencar is pleased to be working with Glencar once again on Valor Park Enfield. Their collaborative approach, technical expertise and focus on quality have made them a valued delivery partner, and Glencar is looking forward to bringing another high-quality, sustainable development to market together.

K&L Gates advises Deutsche Pfandbriefbank AG on two financing transactions totaling €148 million. 13 May 2026 Global law firm K&L Gates advised Deutsche Pfandbriefbank AG (pbb) on two financing transactions for Valor Real Estate Partners (Valor). These transactions, totaling €148 million, involved urban logistics portfolios in Paris and Lyon held by Valor. They reinforce K&L Gates' position as a leading advisor to major international lenders active in the French real estate market. A publicly traded German bank, pbb specializes in the financing of commercial real estate and public infrastructure across Europe. Recognized for its experience in structured finance, the bank focuses primarily on logistics, office, and residential properties, with a growing emphasis on environmental, social and governance (ESG) criteria. The first transaction, totaling €113 million, was completed on behalf of the joint venture between Valor and QuadReal Property Group. It involves a portfolio of nine last-mile logistics assets representing approximately 63,400 m^2, strategically located within key logistics hubs in the Paris and Lyon metropolitan areas. This portfolio, which features a mixed profile combining core, value-add, and development assets, reflects a strong commitment to supporting long-term ESG strategies. The second transaction, totaling €35 million, was completed on behalf of the joint venture between Valor and RSF Partners. It is backed by a portfolio of two fully leased last-mile logistics assets, representing approximately 30,900 m^2 in the northern Paris region. These assets, leased under long-term leases to leading tenants, feature energy performance that meets the most stringent environmental standards in the logistics real estate market. These strategic transactions demonstrate pbb's ability to structure and execute complex transactions within a highly competitive environment. The K&L Gates team advised on financing and real estate matters and was led by Paris partner Thomas Ehrecke, with support from Paris office managing partner Denis Charles, counsel Elodie Seddoh, and associate Pauline Ducousso. "PBB has placed its trust in us for many years, and these two transactions provide further evidence of that. They illustrate the quality of the relationship we strive to maintain with our clients," said Ehrecke. "As a firm, we are very pleased to be advising a leading player in the banking sector," added Charles. "It is a partnership of which we are particularly proud." K&L Gates is a globally integrated law firm trusted by sophisticated clients to deliver market leading legal counsel across jurisdictions and industries. Operating as one firm worldwide, K&L Gates combines deep local insight with seamless global coordination to address clients' most complex legal and business challenges. Guided by a relentless focus on client service, the firm delivers practical, high impact solutions with consistency, efficiency, and a clear emphasis on results.

Norway's Valor Group,Ltd joins hands with GS Housing Group Co., Ltd. market. Related related projects. Signing ceremony: strategic cooperation officially sets sail. On April 28th, Valor Group Ltd (a leading local comprehensive real estate development operator in Norway, with high-quality land reserve and full chain project operation capability) and GS Housing Group Co., Ltd. held a grand signing ceremony for strategic cooperation in Foshan.The two sides formally reached a long-term in-depth strategic cooperation, taking Norway as the core pivot point, and jointly exploring the blue ocean market of high-quality modular buildings in Europe. The cooperation will focus on the core business of high-quality housing, boutique apartments, cultural tourism hotels, vacation complexes, student apartments and low-carbon sustainable communities, and jointly build a modular building cooperation platform for the Norwegian and European markets, so as to promote the deep docking between China's prefabricated intelligent construction system and the European high-end market. Industry trend: modular building becomes the new direction of global construction transformation. Fu Tonghuan, General Manager of GS Housing Group Co., Ltd. International Company, said in his speech that the global construction industry is moving towards a new stage of green, industrialized and intensive transformation, and the traditional cast-in-place model has been difficult to adapt to the needs of countries for carbon reduction, efficiency and rapid delivery.With the core advantages of short construction period, stable quality, low carbon and environmental protection, and less on-site construction, modular building has become the mainstream direction of global construction industry upgrading. As one of the countries with the highest construction standards and the best business environment in Europe, Norway has strong demand for housing and vacation properties, and has a long-term and stable market for high-quality, low-carbon and fast-delivery modular building products, which lays a solid foundation for the development of the strategic cooperation between the two sides. Complementary advantages: deep integration of local resources and intelligent manufacturing. Mr. Fu Tonghuan said that GS Housing Group Co., Ltd. has a perfect modular building industry system, mature intelligent manufacturing capabilities, advanced automated production lines and stable global supply chain management capabilities, which can provide whole-process modular overall delivery solutions for overseas projects. Valor Group,Ltd. has been deeply cultivating the local market in Norway for a long time, and has the ability to operate the whole closed-loop operation from land acquisition, approval, construction to operation. In this cooperation, both parties will give full play to their respective advantages, realize the deep synergy between "China's manufacturing capability" and "Norway's local resources", and jointly promote the adaptation of modular building products to the Norwegian and European construction standards, and accelerate the relevant certification, technology landing and localized engineering application.Gsmodular will work together to promote the adaptation of modular building products to Norwegian and European construction standards, accelerate the relevant certification, technology landing and localized engineering applications, and comprehensively enhance the project landing efficiency and market competitiveness. Consensus on cooperation: long-term mutual trust lays a solid foundation for cooperation. Mr. Ruben, founder of Valor Group,Ltd. said, "The local Norwegian construction market needs a new construction model that is more efficient, cost-effective, and with more controllable quality.GS Housing Group Co., Ltd. mature modularized intelligent construction system and overseas experience are highly complementary to our local land and development resources, with the same concept, and have a very strong foundation for market landing."He believes that the two sides are highly compatible in terms of resources, capabilities and development concepts, and have established a good mutual trust mechanism, which is not only the beginning of project cooperation, but also an important starting point for long-term strategic synergy. Future prospect: creating a new benchmark for modular building cooperation between China and Europe. In the next phase, the two sides will take the benchmark demonstration project as an entry point, accelerate the landing and delivery of modular products for duplex houses, and simultaneously promote the completion of the full series of products to complete the Norwegian and European official technical certification and standard adaptation.GS Housing Group Co., Ltd. will continue to plow into the Norwegian market and deepen the project co-construction and long-term equity cooperation. Both parties will uphold the concept of mutual benefit and win-win cooperation, professional empowerment, and work together to create a new benchmark for cross-border cooperation between China and Europe in modular construction, helping Chinese construction brands to sail to Europe and start a new journey of high-quality development of green and low-carbon buildings.