€47m financing secured for Nagel-Group BTS in Poznań
Newport Logistics Fund III has arranged €47 million of bank financing from BNP Paribas Bank Polska for BTS Poznań, a fully pre-let, 46,000 sqm build-to-suit logistics asset being developed for Nagel-Group.
The facility is being delivered by Panattoni Poland near the A2 motorway in Poznań, one of Poland’s most established logistics markets. Nagel-Group, one of Europe’s leading food logistics operators, will use the building as its main hub in Poland.
The new facility will bring together four of the company’s existing warehouses and its Polish head office in one location.
The building is targeting BREEAM Excellent. The financing supports the continued delivery of the project and marks another milestone for Newport Logistics Fund III in Poland.
Construction underway at MK100 in Milton Keynes
Newport Logistics Fund III has moved another UK investment into the delivery phase, with construction now underway at MK100 in Milton Keynes.
The project is located three miles from Junction 14 of the M1, providing access to London, Birmingham and the wider UK motorway network. Milton Keynes is an established logistics and industrial market, with major occupiers in the surrounding area including Coca-Cola, Mercedes-Benz, Volkswagen, Scania and Makita.
MK100 will provide c. 9,000 sqm (approx. 100,000 sq ft) of modern logistics space and is being developed on a speculative basis. The building is targeting BREEAM Outstanding, EPC A and net zero carbon in construction.
Construction is being delivered by Panattoni UK, with completion scheduled for Q3 2027.
Key highlights
Fund III progress: another UK investment has moved into construction.
Asset profile: c. 9,000 sqm speculative logistics development in Milton Keynes.
Location and reach: three miles from Junction 14 of the M1, with London and Birmingham both within 70 miles and 29.3 million people accessible within a two-hour drive.
Building performance: targeting BREEAM Outstanding, EPC A and net zero carbon in construction.
Newport Logistics Fund III reaches €200m and moves towards final close
Newport Logistics Fund III has reached €200 million in committed capital following its latest interim close, doubling the amount raised at first close in under a year.
Institutional investors now account for half of the capital raised, with many of them investing in the Newport fund series for the first time. The growing participation of institutional capital reflects strong demand for the Fund’s pan-European logistics strategy.
More than €150 million has already been allocated across ten logistics investments in Germany, Poland, France and the UK. The pipeline includes five further projects in advanced due diligence, with additional opportunities being evaluated in Italy, Denmark, Germany and Spain.
Together, the current portfolio and pipeline represent more than 500,000 sqm of logistics space. Across its three funds, Newport by Panattoni has invested in projects with a combined gross development value of €870 million, representing more than 700,000 sqm.
Newport Logistics Fund III is now moving towards its final close while continuing to deploy capital across its core European logistics markets.
In a recent PERE interview, Daniel Raemy, CEO of Newport by Panattoni, spoke with Silvia Saccardi about the Fund’s fundraising progress, growing institutional investor base and capital deployment across Europe. PERE subscribers can read the article here.
Key highlights
Fundraising progress: €200 million raised, doubling the capital secured at first close in under a year.
Institutional investor base: institutional investors account for 50% of the capital raised, with many new to the Newport fund series.
Capital deployment: more than €150 million allocated across ten logistics investments in four European markets.
Portfolio and pipeline: more than 500,000 sqm across the current portfolio and pipeline, with five further projects in advanced due diligence.
Platform scale: €870 million in combined GDV and more than 700,000 sqm across Newport’s three funds.
Newport Logistics Fund II completes full investment cycle in Malaga in under two years
Newport Logistics Fund II has completed the sale of Panattoni Park Antequera, a c. 25,000 sqm build-to-suit logistics asset in Malaga, Spain. The asset has been acquired by a private investor.
Fully leased to Leroy Merlin under a long-term agreement, the facility serves as the retailer’s regional distribution centre for southern Spain. The site was acquired in December 2024, with completion and handover following in April 2026.
Daniel Raemy, Chief Executive Officer at Newport, commented:
“This transaction demonstrates the continued demand for high-quality, tailor-made logistics facilities across Europe. The asset was developed as a build-to-suit (BTS) project for Leroy Merlin in Spain, further strengthening Newport’s presence in one of Europe’s key logistics markets and supporting the diversification of our development pipeline across the region.
At Newport, our focus is on creating institutional-grade logistics assets that generate long-term value for our investors. Completing the entire investment cycle – from acquisition and development to disposal – in less than two years reflects both the strength of our platform and the disciplined execution of our investment strategy.”
Panattoni Park Antequera is located within Antequera Business Park (PEAN), one of southern Spain’s leading logistics hubs. It provides direct access to the A-45 motorway and is located 23 km from the Antequera Dry Port, 50 km from Malaga city centre and 55 km from Malaga Airport.
Delivered by Panattoni Iberia, the facility has achieved BREEAM Excellent certification. Its features include electric vehicle charging stations, LED lighting, a 223 kWp photovoltaic installation and Class A-rated office space.
Projects across Newport Logistics Funds I, II and III represent a combined gross development value of approximately €870 million, including investments already realised.
Rosenbauer expands its footprint by over 60% at Newport’s Linz asset
Rosenbauer Group has expanded for the second time at Newport’s Linz asset in Upper Austria, part of Newport Logistics Fund II.
Following the latest lease expansion, Rosenbauer will occupy more than 18,600 sqm. Across both expansions, the company’s footprint at the property has increased by more than 60% from the original 11,560 sqm.
The location serves as a central logistics hub supporting Rosenbauer’s Austrian production network. Operations include production supply, spare-parts distribution and worldwide SKD/CKD dispatch.
The property is DGNB Gold-certified. The additional lease strengthens the asset’s income profile, supports its further stabilisation and demonstrates the occupier’s long-term commitment to the location.
Silesia City reaches full occupancy following lease expansion
Silesia City, a c. 62,500 sqm logistics investment within Newport Logistics Fund II, is now fully leased following an expansion by one of its existing logistics occupiers.
The asset is leased to three occupiers: Intermarché, Raben Group and an international logistics provider. This diversified occupier mix limits concentration exposure, while full occupancy strengthens visibility over the asset’s income profile.
Located in Upper Silesia, one of Central Europe’s key industrial and logistics markets, Silesia City is a completed asset certified BREEAM Excellent.
Reaching full occupancy marks an important step in the stabilisation of the investment, combining scale, income visibility and tenant diversification within the Newport Logistics Fund II portfolio.
Newport’s Mainz South asset fully leased ahead of completion
Mainz South, a c. 9,400 sqm logistics and industrial investment within Newport Logistics Fund III, has been fully leased less than a year after construction began. The lease was secured ahead of the asset’s scheduled completion at the end of August.
Coating Concepts GmbH will occupy the entire building, using the facility to process high-quality carbon components for the automotive industry. The company plans to create around 140 jobs at the location.
Securing an occupier for the full building during construction materially reduces leasing exposure and strengthens income visibility. It also allows the asset to enter its operational phase directly after completion.
Mainz South benefits from access to the Mainz, Frankfurt and Mannheim metropolitan areas, strong motorway connectivity and flexible technical specifications suited to specialised production. These fundamentals supported occupier demand and reflect Newport Logistics Fund III’s focus on well-located logistics and industrial investments in established European markets.
The asset is targeting DGNB Gold certification. Its environmental features include fossil-free heating through a heat pump, rooftop photovoltaics expected to generate up to 896,000 kWh annually, rainwater reuse and EV charging infrastructure.
Newport Logistics Fund II’s Lyon asset achieves BREEAM Excellent certification
The 7,300 sqm cross-dock logistics facility at Lyon Saint-Exupéry Airport, held within Newport Logistics Fund II, has achieved a final BREEAM Excellent rating under BREEAM International New Construction Version 6, with an overall score of 73.5%.
The certification converts a sustainability target set during the development stage into a verified asset-level result. The facility achieved particularly strong scores in Water at 100%, Energy at 91%, and Health and Wellbeing at 82%.
The asset incorporates rainwater harvesting for sanitary use, a 500 kWp rooftop photovoltaic installation, a Class A building management system, sensor-controlled LED lighting and three dual EV charging stations. Together, these systems support more efficient management of energy and water during the building’s operation.
Reducing embodied carbon was also an important part of the construction approach. The calculated embodied carbon intensity was below 350 kgCO₂e per sqm of built area, supported by the use of lower-carbon steel, concrete, asphalt and selected interior materials.
The final certification confirms the asset’s environmental performance and strengthens its investment profile through independently assessed building quality. It also reflects Newport Logistics Fund II’s focus on delivering logistics assets that combine strong locations with efficient building systems and long-term asset quality.
Key highlights
Certified performance: BREEAM Excellent achieved with a final score of 73.5%.
Operational efficiency: strong Water and Energy scores, supported by rainwater harvesting, rooftop PV and a Class A building management system.
Investor relevance: verified sustainability performance supports institutional investment requirements and the asset’s long-term competitiveness.
£47.5m financing secured for Panattoni Wakefield 500
Newport Logistics Fund III has arranged £47.5m of loan financing from Merseyside Pension Fund for Panattoni Wakefield 500, a major speculative logistics development under construction in West Yorkshire.
Located at Wakefield Europort, the development will provide approximately 46,500 sqm (500,000 sq ft) of Grade A logistics space. It will be the region’s only speculative unit of this scale and one of the largest Grade A logistics opportunities in the North of England.
The location provides access to the M62, M1 and A1(M), as well as nearby intermodal rail infrastructure. This connectivity supports distribution across the North of England, the Midlands and the wider UK.
Panattoni Wakefield 500 is targeting BREEAM Outstanding, an EPC A rating for the warehouse and net zero carbon in construction. Practical completion is scheduled for Q2 2027.
The financing supports the continued delivery of the development and reflects lender confidence in the investment. Merseyside Pension Fund was advised by CBRE UK Lending.
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.
