2026-05-20

Newport Logistics Fund III adds Park Karlsruhe as sixth project

Newport Logistics Fund III has added Park Karlsruhe to its portfolio, marking the fund’s sixth project and its second German investment.

Located in the Karlsruhe region, close to the French border, the project strengthens Fund III’s exposure to Germany, one of Europe’s deepest logistics and industrial real estate markets.

Park Karlsruhe will comprise approximately 33,200 sqm of logistics space across four units ranging from around 4,000 sqm to 10,500 sqm. The format is designed to support a broad occupier base, including light industrial, e-commerce, automotive, pharmaceutical and food logistics users.

The investment rationale is based on access to a major European logistics market, a strong regional economy, A5 motorway connectivity and proximity to Western European supply chains. The location provides access to both domestic German demand and cross-border distribution routes.

According to Newport’s Q1 2026 European Logistics Market Overview, Germany recorded approximately 6.1 million sqm of logistics take-up in 2025, while pre-letting activity remained relatively strong at around 65–75%. This points to continued occupier interest in modern, high-quality logistics space.

Park Karlsruhe is designed with a focus on operational efficiency and building performance. The project includes fossil fuel-free heating, smart metering, rainwater use, e-mobility infrastructure and biodiversity measures. The development is targeting DGNB Gold certification.

Construction is scheduled to start in Q3 2026, with completion planned for Q3 2027.