At the end of last year, Victor Massias, Partner and Head of Developments at Valor Real Estate Partners, reminded Business Immo that his second fund, launched in partnership with Quadreal Property Group, had raised €1 billion, "giving it an investment capacity of around €3 billion". We've deployed more than half of this," he adds, "and still have a fair amount of cash to invest. Continuing in this vein, the London-based management company has once again turned its attention to France, recently investing €25 million in the development of a business park in Mitry-Mory, north of Paris.