Groundbreaking day in hashtag#Spain!

On 17 June 2025, we celebrated the official start of construction on a 24,000 sqm hashtagbuildtosuit facility for Leroy Merlin in Antequera, Andalusia (the region of Malaga). This is our first investment in the country through Newport Development Fund II.

Strategically located in one of Spain’s most dynamic logistics corridors, the project marks an important milestone in our strategy to diversify across high-growth European markets where demand, connectivity and returns align.

In attendance were our CEO Daniel Raemy, Gustavo Cardozo Lupi, Managing Director of Panattoni Iberia, and representatives of the local authorities. Many thanks for the warm welcome and for making this project possible.


Panattoni Park Sosnowiec IV officially opened

Intermarché has officially launched its new distribution centre at Panattoni Park Sosnowiec IV – part of the Newport Development Fund II portfolio.

Located in the heart of Silesia – one of Central Europe's key industrial regions – Panattoni Park Sosnowiec IV offers 62,800 sqm of modern logistics space. Developed on a revitalised brownfield site with a long mining and manufacturing history, the park is set to achieve BREEAM certification at the Excellent level.

Intermarché occupies 33,600 sqm, tailored for maximum operational efficiency and reduced environmental impact. The facility includes cold and freezer storage, heated door thresholds, and a rooftop solar installation with a capacity of 1,100 kWp.