Newport’s Linz asset more than half leased following new agreement

A new logistics occupier has leased more than 6,200 sqm at Newport’s Linz asset in Upper Austria, bringing the 41,500 sqm property to more than 50% leased.

The occupier will use the location to coordinate logistics operations across Europe. Together with Rosenbauer Group, which is already present at the property, the new agreement strengthens the occupier base and increases income visibility.

Known locally as Panattoni Park Ennshafen, the asset is located between Linz and Vienna within the Ennshafen industrial estate. It benefits from trimodal connectivity via road, rail and inland waterways, including access to the Rhine–Main–Danube corridor, a nearby container terminal and direct links to the B1 and A1.

The lease represents an important step in the stabilisation of the investment. It reduces speculative exposure and provides further evidence of occupier demand for modern logistics space in Upper Austria.

The property forms part of Newport Logistics Fund II and was the first investment financed by the fund.