£12.2m financing secured for MK100 in Milton Keynes

Newport Logistics Fund III has secured £12.2 million (approximately €14.3 million) in debt financing from Alpha Property Lending for MK100, a Grade A logistics development in Milton Keynes.

Developed in partnership with Panattoni UK, the 97,412 sq ft facility is being built on a speculative basis. The site is three miles from Junction 14 of the M1, within an established business and logistics cluster that includes Coca-Cola, Mercedes-Benz, Volkswagen, Scania and Makita.

The location provides access to 29.3 million people within a two-hour drive, connecting the asset to London, the Midlands and the wider UK market.

Construction is under way, with the building expected to be available for occupation in Q3 2027. The financing marks the next stage in delivering the Newport Logistics Fund III investment.