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.
Key highlights
Fund III progress: sixth project in Newport Logistics Fund III.
German market exposure: second German investment in the Fund III portfolio.
Asset profile: approximately 33,200 sqm flexible logistics park in the Karlsruhe region, targeting DGNB Gold certification.
Leroy Merlin BTS asset completed near Malaga, Spain
The close to 25,000 sqm build-to-suit logistics asset in Antequera, Andalusia, has been handed over to Leroy Merlin. The facility was designed around the retailer’s logistics requirements in southern Spain and reflects demand from an established European home improvement and DIY operator.
For Newport by Panattoni, the completion represents an important delivery step within Newport Logistics Fund II. It is an occupier-led asset with a defined tenant requirement, long-term occupier commitment and reduced speculative leasing exposure.
The project is the fifth of seven assets within Newport Logistics Fund II to reach completion, further demonstrating execution progress across the Fund II portfolio.
The asset is located in Antequera Business Park, with direct access to the A-45 motorway and proximity to Malaga, Malaga Airport and the Antequera Dry Port. The location forms part of Andalusia’s wider logistics network, with access to Mediterranean and Atlantic corridors supporting Southern Spain’s role as a gateway between Europe, North Africa and wider global trade routes, including the Americas and Asia.
The facility includes PV installation, EV charging, LED lighting, A-rated office space and is targeting BREEAM Excellent. It reflects Newport’s focus on accessing occupier-led logistics assets in strategic European locations, with the quality standards expected by institutional capital.
Key highlights
Asset: close to 25,000 sqm BTS logistics facility in Antequera, Andalusia
Occupier: Leroy Merlin, a leading European home improvement and DIY retailer
Fund progress: fifth of seven projects within Newport Logistics Fund II to reach completion
Location: Antequera Business Park, with access to Malaga, the A-45 motorway and the Antequera Dry Port
Investment profile: occupier-led logistics asset aligned with institutional buyer expectations
Newport expands Fund III with its fifth project: Panattoni Wakefield 500 in the UK
Newport by Panattoni has added Panattoni Wakefield 500 to Newport Logistics Fund III, marking the fund’s fifth project and Newport’s fourth UK investment.
The project will comprise an approx. 500,000 sq ft single cross-docked logistics and warehousing asset on a 23-acre site at Wakefield Europort, West Yorkshire. Construction is scheduled to start in Q2 2026.
For Newport Logistics Fund III, Wakefield 500 strengthens exposure to the UK logistics market and marks a move from mid-box to big-box logistics. The project combines scale, motorway connectivity, intermodal potential and long-term occupier relevance in a proven UK logistics location.
Wakefield Europort provides direct access to the M62, with links to the M1 and A1(M), supporting distribution across the North, the Midlands and wider UK markets. The location also benefits from intermodal rail freight infrastructure, adding flexibility for occupiers focused on supply-chain efficiency and lower-carbon logistics options.
The development is targeting BREEAM Outstanding and net zero carbon in construction. It gives Fund III selected exposure to large-format logistics development in the UK market, supported by Panattoni UK’s sourcing and delivery capability.
Key highlights
Asset: approx. 500,000 sq ft single cross-docked logistics and warehousing facility
Location: Wakefield Europort, West Yorkshire, with access to the M62, M1 and A1(M)
Investment profile: fifth Fund III project and Newport’s fourth UK investment, expanding Fund III’s exposure into UK big-box logistics
Building performance: targeting BREEAM Outstanding and net zero carbon in construction
New investment: Panattoni Park Poznań Nagel
Newport is adding Panattoni Park Poznań Nagel, a 46,000 sqm build-to-suit logistics asset developed for Nagel-Group, one of Europe’s leading food logistics providers.
The project is located in Poznań, Poland, on the A2 corridor, one of the country’s key east-west logistics routes connecting the German border with Warsaw and wider CEE distribution networks. The asset combines long-term occupier commitment with exposure to food logistics and cold chain, sectors supported by demand for reliable and well-connected distribution infrastructure.
The facility is planned to achieve BREEAM Excellent certification. Its building performance profile will include heat recovery from the cooling system and biological wastewater treatment, supporting the long-term quality and sustainability profile expected from modern logistics real estate.
The investment reflects the type of asset Newport targets through Logistics Fund III: supported by occupier demand, strong location fundamentals and asset quality standards expected by institutional buyers of modern logistics real estate.
£8.65m financing secured for Haydock 66
Newport Logistics Fund II has arranged £8.65m of loan financing from Merseyside Pension Fund for Panattoni Haydock 66, a Grade A industrial unit in Haydock, UK.
The asset is located in an established North West logistics market within the Liverpool–Manchester corridor, with strong access to the M6/M62 motorway network and a broad occupier catchment. This location, combined with high building specification and ambitious sustainability targets, supports the asset’s long-term leasing appeal and relevance to both tenants and capital providers.
Panattoni Haydock 66 offers 6,120 sqm of industrial space and is situated 1.5 miles from Junction 23 of the M6. The building provides an 11 m clear internal height, a 56 m yard, six dock doors, three level access doors and power capacity of up to 500 kVA. It also includes generous parking, including 65 car spaces, and a secure yard.
In line with Newport’s focus on institutional-grade logistics assets, the building is targeting BREEAM Outstanding and EPC A. It has been designed with a PV-ready rooftop and EV charging infrastructure, supporting alignment with evolving occupier and investor expectations.
The financing marks another milestone for Newport Logistics Fund II in the UK and reflects lender confidence in the asset. The unit is ready for immediate fit-out. Merseyside Pension Fund was advised by CBRE UK Lending.
Rosenbauer expands at Newport’s Linz asset
Rosenbauer has expanded at Newport’s Linz asset in Austria, strengthening the occupier story of the property within Newport Logistics Fund II. Following the expansion, the company will occupy more than 15,000 m² in total.
The asset, known locally as Panattoni Park Ennshafen, is located in Upper Austria, between Linz and Vienna, within the Ennshafen industrial estate. The location offers trimodal connectivity via inland waterway, rail and road infrastructure, including access to the Rhine–Main–Danube corridor, a nearby container terminal, and direct links to the B1 and A1.
Rosenbauer is one of the world’s leading manufacturers of firefighting vehicles and equipment. The company was the first occupier at the park and selected the site in Enns to support its logistics operations in Austria.
Growth by an existing occupier is a meaningful indicator. It points to the relevance of the location, the suitability of the building for day-to-day operations and the continued attractiveness of the property to industrial users.
The property forms part of Newport Logistics Fund II, focused on full-cycle industrial real estate development in Europe. Panattoni Park Ennshafen was also the first project financed by the fund.
Newport completes fully leased BTS distribution asset for Hebe in Upper Silesia
Newport has completed a nearly 34,000 sqm build-to-suit distribution facility for Hebe in Upper Silesia, held within Newport Logistics Fund II. Fully leased and designed to a BREEAM Excellent target, the asset combines long-term income visibility with strong logistics fundamentals in one of Poland’s most established industrial markets.
The completed facility is fully occupied by Hebe, a well-recognised health and beauty retailer owned by Jerónimo Martins. Its income profile is supported by the tenant’s initial 10-year lease commitment and full occupation of the building.
The asset has been designed to support efficient day-to-day operations while lowering resource use. Sustainability features include energy- and water-saving solutions, leak detection systems, energy-efficient lighting, EV charging stations and roofs reinforced for future photovoltaic installation. The building is targeting BREEAM Excellent certification.
Location is another key strength. Positioned in Upper Silesia, one of Poland’s most established logistics markets, the facility benefits from direct access to the S1 and A4 corridors. The region offers strong infrastructure, labour availability and relevance for both domestic and international supply chains.
For Newport, the project reflects the type of logistics asset it seeks across European markets: fully let, operationally relevant and aligned with institutional investment criteria. Held within Newport Logistics Fund II, the facility strengthens the fund’s portfolio of modern logistics properties in strategic locations.
Panattoni Park Antwerp II under construction on former glass factory site
Panattoni Park Antwerp II (Sas van Gent 2), part of Newport Logistics Fund II, is currently under construction on a remediated brownfield site within the North Sea Port area.
The site was previously home to Sas van Gent’s glass factory, founded in 1899 as the first mirror-glass factory in the Netherlands. For decades, it was one of the defining industrial employers in the Kanaalzone. Following the factory’s closure in 2014, the site became a brownfield now being brought back into productive use.
For Newport, this project reflects the type of asset we seek in European logistics real estate: strong location fundamentals, infrastructure relevance and specifications aligned with modern occupier requirements.
Located on the Dutch-Belgian border, close to Antwerp, the asset benefits from strong regional connectivity within one of Europe’s key port-industrial clusters. The location also offers the option to realise a private quay, adding to its multimodal credentials.
Panattoni Park Antwerp II will deliver approximately 22,000 sqm with a 1.5 MW power connection. It is being developed to a BREEAM-NL Excellent target, will be gas-free and can be fully equipped with solar panels. Planned completion is scheduled for Q1 2027.
As part of Newport Logistics Fund II, the project strengthens a portfolio of around well-located logistics assets in key European markets.
Artur Mokrzycki joins Newport by Panattoni as Head of Investor Relations
Artur Mokrzycki strengthens Newport by Panattoni as newly appointed Head of Investor Relations.
Formerly Panattoni’s Head of Capital Markets Europe, Artur will be responsible for further developing relationships with Newport’s investors and supporting its future growth. He will also join Newport’s Investment Committee, where his vast experience and strategic perspective will be a valuable addition.
Artur joined Panattoni in 2011 and has played a significant role in the growth of our business over the past 15 years. During this time, he has made major contributions to strengthening our capital markets platform, building trusted investor relationships, and supporting the expansion of Panattoni across Europe. Prior to joining Panattoni, Artur’s experience includes over 10 years as a real estate fund manager for AEW Europe.
A lease expansion within Newport Logistics Fund II
At Panattoni Park Silesia, one of the existing occupiers has expanded its leased area by 2,700 sqm. Following the extension, it will occupy more than 7,500 sqm in total. The tenant is a global logistics operator specialising in contract logistics as well as sea and air freight.
This is another signal supporting the asset’s potential. The growth of existing occupiers is often the clearest proof that the location and project specification meet real operational needs. Other occupiers at Panattoni Park Silesia include Raben and Intermarché.
Poland remains one of Europe’s key industrial and logistics markets. It is the 5th largest market in Europe by total warehouse stock and continues to rank among the top markets for leasing demand. Upper Silesia is also among Poland’s leading regional hubs, ranking second nationally by stock and third for leasing demand in 2025.
Panattoni Park Silesia benefits from strong connectivity to the A4 motorway, supporting distribution across Poland and Central Europe. A further advantage is proximity to Euroterminal Sławków, which has unique significance at EU level thanks to its connection to the Broad Gauge Metallurgy Line (LHS). This infrastructure plays an important role for Europe–Asia freight corridors, including rail services being developed on these routes. In addition, the planned terminal expansion in 2026–2028 strengthens the region’s long-term role in European supply chains.
Panattoni Park Silesia is being delivered on a revitalised post-industrial brownfield site, combining new logistics functions with high environmental standards. The entire complex has achieved BREEAM Excellent, and the roofs of both buildings have been prepared for photovoltaic installations.
This is an example of an asset that combines location quality, leasing potential and long-term value.
