Konrad Karasiński joining Newport Logistics Fund as Capital Markets Director
🎇 We are pleased to announce that Konrad Karasiński has joined Newport Logistics Fund as Capital Markets Director, enriching the team with over a decade of expertise in real estate investment and financial management.
👨💼 Konrad played a crucial role in pioneering the startup of Resi4Rent (Public Rental Sector) under Griffin Capital Partners. He also served as an Investment Manager at GS E&C, where he demonstrated exceptional strategic foresight and financial acumen.
📊 He has a Master's degree in Finance & Accounting from the Warsaw School of Economics and extensive experience in the industry, including spearheading a groundbreaking initiative in the real estate landscape. We look forward to leveraging his expertise to drive success and modernization in Capital Markets.
Newport Logistic Fund welcomes Recorde European Logistics Real Estate Fund as new Investor.
Newport Logistics Fund, a Private Equity Real Estate fund that finances full investment cycle warehouse developments in Europe, is thrilled to announce the addition of Recorde European Logistics Real Estate Fund (Recorde ELIA) as its new Investor. This partnership marks an exciting development for Newport as it continues to grow and expand its presence in the CEE Real Estate Industry.
Recorde Asset Management Ltd., the fund manager of Recorde ELIA, is a Hungarian financial service provider regulated and supervised by the Hungarian Central Bank as Financial Supervisory Authority, bringing with it over 50 years of experience through its seasoned management team. Recorde ELIA’s investment signifies a vote of confidence in Newport's vision, strategy, and potential for future growth, as well as a shared high conviction in industrial/logistics greenfield developments as a long-term investment thesis.
Newport Logistic Fund welcomes Recorde ELIA’s pooled Hungarian institutional and HNW investors to its Western European portfolio and looks forward to combining both companies strengths and expertise to expand into the Central and Eastern European region.
Recorde Asset Management is a fully regulated AIFM club-deal syndication platform, and the newest member of Concorde Group, Hungary’s premiere integrated financial and investment service provider. It strives to offer outstanding risk-reward structures in single purpose funds with a very strong alignment of interest between the funds’ financial investors and strategic professional project sponsors.
“With the addition of Recorde European Logistics Real Estate Fund, Newport is well-positioned to solidify its standing in the market and explore new opportunities for growth and innovation” said Szymon Ostrowski, Managing Director of Newport Logistic Fund.
Newport Logistic Fund welcomes Recorde European Logistics Real Estate Fund as new Investor
Newport Logistics Fund, a Private Equity Real Estate fund that finances full investment cycle warehouse developments in Europe, is thrilled to announce the addition of Recorde European Logistics Real Estate Fund (Recorde ELIA) as its new Investor. This partnership marks an exciting development for Newport as it continues to grow and expand its presence in the CEE Real Estate Industry.
Recorde Asset Management Ltd., the fund manager of Recorde ELIA, is a Hungarian financial service provider regulated and supervised by the Hungarian Central Bank as Financial Supervisory Authority, bringing with it over 50 years of experience through its seasoned management team. Recorde ELIA’s investment signifies a vote of confidence in Newport's vision, strategy, and potential for future growth, as well as a shared high conviction in industrial/logistics greenfield developments as a long-term investment thesis.
Newport Logistic Fund welcomes Recorde ELIA’s pooled Hungarian institutional and HNW investors to its Western European portfolio and looks forward to combining both companies strengths and expertise to expand into the Central and Eastern European region.
Recorde Asset Management is a fully regulated AIFM club-deal syndication platform, and the newest member of Concorde Group, Hungary’s premiere integrated financial and investment service provider. It strives to offer outstanding risk-reward structures in single purpose funds with a very strong alignment of interest between the funds’ financial investors and strategic professional project sponsors.
“With the addition of Recorde European Logistics Real Estate Fund, Newport is well-positioned to solidify its standing in the market and explore new opportunities for growth and innovation” said Szymon Ostrowski, Managing Director of Newport Logistic Fund.
Exciting News from Amsterdam City Project in Almere!
🌆 Construction has officially kicked off for the Amsterdam City project at Businesspark Stichtsekant.
🌿 The Amsterdam City project meets BREEAM standards and is set to be completed in early 2025. The total area covers approximately 23,420 m² with warehouse space, office space, mezzanine, and parking spaces.
🌐 💼 The strategic, multimodal location is attractive for a diverse range of businesses. The building can be easily divided into five smaller units, making it flexible for enterprises interested in one or more subunits or companies looking to utilize the full space.
🏢 The facility's proximity to consumers makes it an ideal location for logistics service providers, food, and e-commerce companies. The new building will also directly border a newly created park with trees and plants that enhance the area's biodiversity.
Newport Logistics Fund Fuels Growth in Logistics!
Progress on the UK Poyle project from Fund I, which received planning consent for the speculative 80,000 sq ft in the highly sought-after Heathrow area. Newport Logistics Fund purchased the site in the first quarter of 2023.
🌿 Newport Logistics Fund’s latest venture is a net-zero carbon facility that is set to complete in Q3 2024. This facility will be built on a 3.2-acre brownfield site, strategically positioned near junction 14 of the M25.
🏗️ The development features PV roofs and is designed to achieve a BREEAM ‘Excellent’ rating, coupled with an impressive EPC A rating. Szymon J. Ostrowski, Managing Director of Newport Logistics Fund, has emphasized the incredible supply chain opportunities in this prime location, highlighting its potential for significant rental growth.
👁 Keep an eye out for more updates, as Newport Logistics Fund continues to drive innovation, sustainability, and growth in the logistics industry.
Newport Logistics Fund has won the "Best Overall Fundraising: Real Estate" at Private Equity Wire Awards
"Best Overall Fundraising: Real Estate"! Newport Logistics Fund has been honoured with the prestigious award at the Private Equity Wire European Emerging Manager Awards.
The Private Equity Wire Awards are a testament to the outstanding performance and fundraising achievements across various private markets investment strategies, including real estate. The voting process was conducted through an online poll of the entire Private Equity Wire community, where participants had the opportunity to choose among the shortlisted firms in each category.
Thank you to everyone who voted for us, your support means the world to us!
Newport Logistics Fund II is financing the development of Panattoni Park Ennshafen in Upper Austria.
Newport Logistics Fund, which invests in full-cycle industrial real estate development in Europe, is developing its second fund. With its Newport Logistics Fund II, the company is looking to raise €100 million to invest in the western part of the continent. The first project thus financed will be Panattoni Park Ennshafen in Upper Austria, with construction commencing in 2024.
The 42,000-sqm development will be built in a very attractive location next to the city of Linz in the Ennshafen business park. Owing to its access to inland waterways via the Rhine-Main-Danube waterway and to the rail network via a container terminal, as well as its proximity to the B1 national road and the A1 West motorway, the location has excellent connections to European economic centres.
The logistics and industrial space being developed within the park will occupy 42,000 sqm, of which 3,000 sqm will be made up by offices and 3,000 sqm by mezzanines. In addition, companies will be able to rent even small modules of up to 3,000 sqm, therefore creating an excellent development opportunity for small and medium-sized enterprises that operate in the region.
- “Our experience to date confirms that Panattoni projects are worth investing in. It is a European market leader that carefully selects the locations of its parks in terms of business potential, and Upper Austria is a highly reputed region in this regard. Meanwhile, the high level of sustainable construction of the Ennshafen Park will allow companies to meet their climate goals,” comments Szymon Ostrowski, Managing Director of the Fund.
The project will receive DGNB certification at a very high Gold level. Extensive energy-saving measures will be implemented, including photovoltaic installations on the roofs of the facilities, as well as the use of facilities such as municipal heating systems or heat pumps. Green areas will be created on the site, and employees will be able to use bicycle infrastructure, electric vehicle charging stations and public transport.
Newport Logistics Fund II is yet another company’s fund. The first fund raised €50 million in just 10 months from investors in Western Europe, the US and the UAE. The funds have already been fully invested in three projects, providing investors with a diversified portfolio of assets.
The first project financed was a distribution centre in Zgierz, in central Poland, next to the A2 motorway, which connects cities such as Warsaw and Berlin. The investment includes two buildings with a total area of 33,500 sqm. The first has already been built and fully rented by logistics company DPD. The second project, in Almere near Amsterdam, will cover 23,400 sqm. The latest development is right next to Heathrow Airport in London and it will cover 7,500 sqm.
- “The great success of the previous Fund makes us optimistic in the context of Newport Logistics Fund II, and the commencement of Panattoni Park confirms that we are not slowing down, especially since we are already planning our next investment in France,” Szymon Ostrowski concludes.
Semiconductors & Logistics – Report by Savills!
Savills' Spotlight report reveals Europe must double semiconductor production to achieve 20% global output by 2030 under the EU Chips Act. €43B EU investment could create 10.8M sq m warehouse demand in 7 years.
Pandemic disruptions led to supply chain challenges, surging demand, and geopolitical complexities. China rose to 32%, US dropped to 12%. Andrew Blennerhassett from Savills sees AI, EVs, and cloud driving demand, potentially boosting logistics growth by 10.8M sq m by 2030.
Manufacturing links to industrial demand. EU's 2021 manufacturing revenues at €5.2T, semiconductors at €53.8B (1% of total). Growth may raise this to 4.2% by 2030, fueling logistics.
Savills envisions 1.6M jobs and 4.2M sq m logistics demand from EU's semiconductor push. Opportunities for Ireland, Germany, Italy, Poland, and Spain.
Marcus de Minckwitz, Savills, notes semiconductor interest grows, benefiting European markets. Diversity and onshoring, along with e-commerce, promise dynamic years ahead.
https://lnkd.in/eExVW8Yw
https://www.savills.co.uk/insight-and-opinion/savills-news/350029/growth-of-semiconductor-production-across-eu-set-to-generate-10.8-sq-m-of-warehouse-demand-by-2030
Newport Logistics Fund became the Supporting Sponsor of the PGA Polska Karolinka Open
As great golf enthusiasts, we are delighted to inform you about our partnership with PGA of Poland! As part of the cooperation, we became the Supporting Sponsor of the PGA Polska Karolinka Open golf tournament. The competition took place on July 10 on the Karolinka Golf Park golf course in Kamień Śląski, famous for its unique landscapes, unique architecture and guarantee of sports challenges.
Congratulations to the winners and all participants and wish them further success!
Records on the warehouse market in Poland. A business that makes money.
We invite you to read Forbes Poland's interview with Szymon J. Ostrowski, who speaks about the condition of the logistics real estate market.
Poland has seen a record amount of new warehouse space in 2022, but the warehouse market is currently facing challenges. Despite a shortage of space, a slowdown in investment and rising construction costs, demand for warehouses remains strong. Changes in e-commerce and supply chains are driving the market, while nearshoring and manufacturing are the main factors driving demand for warehouses.
In addition, the logistics industry needs to take into account sustainability aspects such as ESG, which are becoming increasingly important for investors and tenants. Despite the challenges, investment in warehouses in Poland remains attractive, with players from the US and Central Europe being the main investors.
The entire interview is available at the link: https://lnkd.in/ej43eAAK
