Newport Logistics Fund has received the Opportunistic Investor Award at the 14th Annual CEE Investment Awards!
Hosted by EuropaProperty.com at the Intercontinental Hotel in Warsaw, this prestigious event gathered 350 leading professionals from the European and Central European real estate industry. The awards ceremony celebrated achievements across various real estate sectors, recognizing companies with significant contributions and strategic investments in the region.
The warehouse sector continues to demonstrate strong momentum, with exceptional companies like Panattoni and Żabka Polska (Zabka Property Fund) recognized for their contributions. In this competitive field, we are honored to receive the award for Opportunistic Investor of the Year, which highlights our commitment to identifying and maximizing unique opportunities within the market.
🥂 Congratulations to all the winners and industry leaders whose efforts drive the evolution of European real estate!
Welcome to another special edition of the podcast - about big money and big returns from the warehouse market
➡️ How is the fundraising for the third Newport Logistics fund going a month after its launch?
➡️ How many millions of euros did the owners and top managers of Panattoni invest in the fund as seed capital?
➡️ What was it like to start the first fund, which was launched a month after the outbreak of the war in Ukraine?
➡️ Will investors be able to exit it this year?
➡️ Is it possible for interest rates to drop to zero?
Listen to the captain of this ship, Szymon J. Ostrowski from NEWPORT LOGISTICS FUND - it will be a high-calorie 7️⃣ minutes ‼️
Newport Logistics Fund targets €300 million for third pan-European logistics fund.
PRESS RELEASE / 3 October 2024
Newport Logistics Fund targets €300 million for third pan-European logistics fund
Newport Logistics Fund, an investment company, today announces the launch of Newport Logistics Fund III, a pan-European fund that will finance the development, leasing and sale of modern, sustainable logistics properties.
The investment company, which is part of the Panattoni group, is aiming to raise €300 million for its third fund to develop 10-12 facilities across Europe. It has two projects already secured, the first, a speculative development north of London in the UK, and the second, a build-to-suit development in Malaga, Spain. Further investments are in the process of analysis and selection in the rest of Europe.
The launch of Newport Logistics Fund III follows the successful investment of first two Newport funds. Newport Logistics Fund I raised in 2022 and invested in three modern logistics facilities in London, Amsterdam and Lodz with a gross development value of €100 million. The fund is currently completing the construction of all the facilities and is in the process of selling its first asset.
Newport Logistics Fund II was set up in March 2023 and has now invested funds in projects in Austria, the Netherlands, France, Poland and Germany with a gross development value of €200 million.
All Newport projects meet strict sustainability standards. Each facility is designed in accordance with ESG goals and Article 8 of the EU SFDR regulation. All projects will be BREEAM certified (or equivalent).
The Newport series of funds finance the full development cycle (land acquisition, construction, lease and sale) of modern logistics warehouses in Europe and aim to generate a return of 15% a year. They are part of the Panattoni group. Capital is sourced from professional Investors principally high-net-worth individuals and family offices from the EU, Switzerland, the UK, the US and the Middle East.
Daniel Raemy, Member of the Supervisory Board and Investment Committee, said: “Our strategy for the future includes expanding our presence in Europe with more projects as a result of raising more capital”.
Szymon Ostrowski, Managing Director, said: “Our goal is to achieve the returns expected by investors at 15% per year. Our priority is also to develop projects that have a positive impact on the environment. This meets the demand of tenants and the target warehouse owners to whom we sell our facilities”.
“Investors appreciate the diversification of assets in strategic locations and the fact that they are getting the best projects and above-average returns. The confidence of investors, shown in such less favourable economic conditions, is a confirmation that we are able to select the best projects to deliver the promised returns.”
