Forbes Diamons in Podlaskie voivodeship

A celebration of entrepreneurs from Podlasie took place yesterday in Białystok. Szymon Ostrowski, Managing Director of the Fund, took part in Forbes Diamonds, where he had the pleasure of presenting awards to the fastest growing companies from the region.

Our congratulations to all the awardees as well as the winners!

  • Hanbud Blu Sp. z o.o.
  • Glob-Terminal Sp. z o.o.
  • Drabent Tide Software Sp. z o.o.
  • Rolpol Ołdakowscy SJ
  • Białostockie Centrum Analiz Medycznych
  • Koliber
  • Dard Sp. z o.o.

 

Source: Forbes


Newport Logistics Fund II was established and starts fundraising EUR 100 million.

Newport Logistics Fund II, a fund investing in full cycle related to development of warehouses in Europe, was established in Luxembourg as an investment company. Second fund is looking to raise 100 million EUR for further investments in Western Europe.

On the 30th of March 2023 Newport Logistics Fund II S.C.A., SICAV-RAIF was established in Luxembourg as an investment company.

The fund is looking to raise 100 million EUR that will be invested into the full investment cycle related to the construction and commercialisation of various types of warehouse properties. The fund will focus its activities on investments in Western Europe where projects in the UK, Germany, Belgium, Spain and Sweden are currently being analysed.

“Our strategy assumes financing the construction of modern warehouses and logistics facilities in Europe based on the diversification of assets and their location in order to provide best returns for our investors” – said Szymon Ostrowski, Managing Director of the Fund.

All industrial facilities financed by Newport Logistics Fund are situated in strategic locations across Europe.

Newport Logistics Fund I – fundraising and investments completed

It only took 10 months for the first fund to raise EUR 50 million from investors located in Western Europe, Poland, the USA and Dubai. The money gathered has already been fully invested in three projects located in Amsterdam, London and Zgierz (central Poland) offering investors a diversified asset portfolio.

The first project financed is a distribution centre in Almere near Amsterdam covering 23,400 sq m which will be delivered at the beginning of 2024. The second investment is in the West London area, a short distance from one of the largest airports in the world – Heathrow and will cover 7,500 sq m, which will provide excellent service for last mile logistics and efficiently reach the London population. The last project is located in central Poland, near Zgierz, off the A2 motorway, connecting, among others Warsaw with Berlin. The investment covers two buildings with a total area of 33,500 sq m.

High ecological standard – requirement for financing

Newport Logistics Fund’s key investment criterion is high standard sustainable construction which ensures that the facilities meet the ESG goals of both customers and users. Therefore, each project will undergo BREEAM certification.


Newport Logistics Fund raised EUR 50 million from investors.

Newport Logistics Fund, a fund investing in warehouse properties in Europe, raised EUR 50 million as part of its first fund. Currently, work is underway to launch a second fund worth EUR 100 million.

 

It only took 10 months for the fund to raise EUR 50 million from investors located in Western Europe, Poland, the USA and Dubai. The money gathered has already been fully invested in three projects located in London, Amsterdam and Zgierz (central Poland) thus offering a diversified asset portfolio.

Currently, work is underway to launch Fund II, which, after registration at the beginning of the second quarter of 2023, will start the process of raising EUR 100 million. Projects in the UK, Germany, Belgium, Spain and Sweden are currently being analysed.

 

"Our strategy assumes financing the construction of modern warehouses and logistics facilities in Europe based on the diversification of assets and their location" – said Szymon Ostrowski, Managing Director of the Fund.

 

All industrial facilities financed by Newport Logistics Fund are situated in strategic locations across Europe.

 

The first project financed by Newport Logistics Fund is a distribution centre at the Stichtsekant Business Park in Almere near Amsterdam covering 23,400 sq m which will be delivered at the beginning of 2024. The investment will be located directly off the A27 motorway, only 30 km from Amsterdam and Utrecht. You can reach Schiphol Airport and the Port in Amsterdam in about 30 minutes. The distribution centre will have the capability of  servicing one larger tenant and several smaller ones with a minimum area of

lease covering 3,700 sq m.

 

The second investment is in the West London area, a short distance from one of the largest airports in the world - Heathrow, near junction 14 of the M25 motorway. Newport Logistics Fund is financing the construction of a 7,500 sq m facility, which will provide excellent service for last mile logistics and efficiently reach the London population. It will be an important investment for a region where a modern industrial area is lacking.

 

The last project is located in central Poland, near Zgierz, off the A2 motorway, connecting, among others Warsaw with Berlin. The investment covers two buildings with a total area of 33,500 sq m. The first of them will be completed in this quarter, and DPD - one of the largest courier companies in Europe - will benefit from a 6,300 sq m hall. The cross-dock building will include one of the company's largest and most modern sorters in the country. Office and social facilities will also be available to the tenant.

 

High ecological standard - requirement for financing

Newport Logistics Fund’s key investment criterion is high standard sustainable construction which ensures that the facilities meet the ESG goals of both customers and users. Therefore, each project will undergo BREEAM certification.

The roof of Amsterdam project will be entirely covered with solar panels. The facility will get a high level of BREEAM certification.

The facility in London is a brownfield investment. The implementation on the recovered post -industrial site perfectly fits into the closed circulation economy. The investment will also be equipped with photovoltaic panels and will undergo BREEAM certification at the Excellent level with EPC A assessment.

The warehouse in Central Poland will be equipped with a number of balanced solutions - including Photovoltaic installation and electric car charging stations. It will be certified by the BREEAM method at the Excellent level.

 

Further expansion in Western Europe

Newport, after successful financing of two investments in Western Europe: London and Amsterdam, is already planning further projects in this part of the continent. At the beginning of the second quarter of 2023, it is planned to launch a second fund, which plans to raise EUR 100 million from investors to finance subsequent industrial projects in Western Europe.


Record-breaking year for warehouses in Poland

The year 2022 was record -breaking for warehouses in Poland. Interesting article by Puls Biznesu summarizing last year. Our summary below:

  • 4.4 million sq m was completed in 2022 (the best result in history).
  • 42% more facilities were built compared to 2021.
  • 52% of space was rented by logistics companies, 15% of commercial networks, and 10% e-commerce and production.

 

Source: Puls Biznesu


Santander Bank Polska S.A. finances Newport Logistics Fund’s the in Zgierz

Newport Logistics Fund, a fund that invests in warehouse real estate, has secured bank financing for an ongoing logistics centre project in Lućmierz near Zgierz. Santander Bank Polska S.A. has supported the development of the two-building complex with a total area of 33,500 sqm.

Newport Logistics Fund is completing the constructions of first of two buildings within the logistics park in Zgierz. Later this quarter, the 6,300 sq m hall will be used by DPD, one of the largest courier companies in Europe. The cross-dock building will be one of the company's largest and most modern sorters in the country. Office and staff facilities will also be available to the tenant. The hall will be equipped with a number of sustainable solutions - including a photovoltaic installation and charging stations for electric cars - and will be BREEAM-certified at the Excellent level. Another warehouse developed as part of the complex will occupy more than 27,000 sq m.

- "The logistics park in Zgierz has already attracted DPD, one of the leaders in the courier industry, confirming the huge potential of this location - close to the A2 motorway and the Emilia junction. We are pleased that the attractiveness is also recognised by Santander Bank Polska S.A., which granted a loan for the realisation of this important investment for the region. The support of financial institutions indicates the continuing very strong position of the industrial property market, which is the speciality of the Newport Logistics Fund. This draws favourable prospects for further development in Poland and Europe," - says Szymon Ostrowski, managing director of the Fund.

Newport Logistics Fund is a Luxembourg-registered fund that operates throughout Europe. It finances, among other things, the development of a 23,400 sq m distribution centre in Almere, near Amsterdam, as well as the construction of a warehouse in the West London region (near London Heathrow), which will occupy 7,500 sq m of space.


Warehouses are bursting at the seams

A very interesting article in Puls Biznesu summarizing the warehouse market in Poland as well as analyzing what 2023 may bring.

  • 4% of free warehouse space as of today according to Savills.
  • 1-2% vacancy rate is projected in 2023 by Colliers.
  • 30% less warehouses according to AXI IMMO Group (y/y) will be delivered in 2023 due to difficulties in obtaining financing.
  • Rents increased by 20-30% in 2022 and further growth is expected (rents in Poland are still lower than in Western Europe by about 60%).

Source: Puls Biznesu


Newport Logistics Fund finances a prime West London last-mile logistics development

Newport Logistics Fund announces its newest investment project for a speculative 80,000 sq ft last-mile logistics development in the sought-after West London catchment.

 

The net zero carbon development is located approximately 4 km west of London Heathrow and close to junction 14 of the M25 on a 3.2-acre brownfield site. It is set for completion in Q2 2024. The facility will benefit from enhanced ESG credentials, including PV roof and be built to BREEAM ‘Excellent’ with an EPC A rating. 

 

“This third project of our fund offers amazing supply chain opportunities with direct access to the London area," says Szymon J. Ostrowski, Managing Director of NEWPORT LOGISTICS FUND. “It is a location with a significant rental growth potential, as space for modern developments in the area is scarce.”

 

Newport Logistics Fund has recently announced financing a 25,000 sqm project near Amsterdam on top of the 32,000 sqm industrial facility in central Poland.


Newport Logistics Fund has taken patronage of the Polonia Warsaw basketball team. The fund proudly supports a club with nearly 100 years of tradition.

Newport Logistics Fund, a Luxembourg-based fund investing in warehouse real estate in Europe, is supporting Polish sport. The fund has become a patron of Polonia Warszawa - the men's and women's basketball teams. The teams have been in existence since 1925, and in their nearly 100-year history they have, among other achievements, won Polish Championships and for many years constituted the strength of Polish basketball.

Newport Logistics Fund plans to actively support various sports (including golf). The first formal cooperation established by the fund is a partnership with SKK Polonia Warszawa (women's basketball section) and KKS Polonia Warszawa (men's basketball section). The patronage will entail permanent financial support for both teams.

- "The choice of the Warsaw's Polonia basketball sections was not a coincidence. These are teams with great tradition, which are approaching their 100th anniversary. It will be the perfect time to relate to the biggest successes of both teams. It is a great feeling to be able to become a Patron of Polonia Warsaw Basketball, to support the team and its further history!" - says Szymon Ostrowski Managing Director of Newport Logistics Fund. The agreement between the company and the club will come into effect at the beginning of February this year.

"We would like to proudly celebrate the centenary together with a large number of patrons. That is why we are encouraging institutions and individuals to choose patronage today - a conventional form of sport support that simultaneously fulfils modern CSR and ESG objectives. We are delighted that the Newport Logistics Fund is joining our team. We hope that this will be a fruitful and long-term cooperation," says Łukasz Tusiński, president of both basketball sections of Polonia Warszawa.

Currently, the female team - SKK Polonia Warszawa - competes at the highest level of the competition in Poland, where they managed to reach 7th place last year. The men's section - KKS Polonia Warszawa - finished last season without defeat and was promoted to the 1st league. Polonia Warsaw Sports Club is one of the traditional symbols of Warsaw, Mazovia and Polish sport. It was founded in 1911, with the basketball section established 14 years later. Such Polish sportsmen and sportswomen as Irena Szewińska, Władysław Komar, Waldemar Marszałek and Władysław Szczepaniak come from Polonia.


2023 Newport Business Mixer

It was a pleasure to host business mixer for friends of our fund. Thank you for coming and witnessing our progress!


Global economic growth forecast by International Monetary Fund

Very interesting 2023 forecast by International Monetary Fund regarding global growth. Good news is that most countries will avoid a recession this year.

Our summary below:

  • Global growth is projected to 2.9% in 2023 and further rise to 3.1% in 2024 (forecast for 2023 is +0.2% than predicted in Oct 2022).
  • Key elements for better forecast are due to China reopening as it scraped zero-Covid policy and gas prices fall due to warm winter.
  • Global inflation is expected to fall from 8.8% in 2022 to 6.6% in 2023 and further 4.3% in 2024. Inflation still will be above pre-covid (2017–19) levels of 3.5%.
  • UK is expected to be the only leading economy to shrink in 2023, with GDP forecast of -0.6% and further rise to 0.9% in 2024.

 

Source: International Monetary Fund