€15m bank financing for Panattoni Park Antwerp II (Sas van Gent 2)

Newport by Panattoni has secured €15 million of bank financing from BGO Europe Bank for Panattoni Park Antwerp II (Sas van Gent 2), a new-build logistics and industrial development in the Netherlands.

The project is located within the North Sea Port area, close to the Belgian border, offering access to both the North Sea and the Ghent–Terneuzen Canal. The location combines port-linked infrastructure with strong hinterland connectivity. The development also includes the option to create a private quay along the canal, strengthening multimodal distribution and supporting port-oriented supply chains.

Panattoni Park Antwerp II (Sas van Gent 2) is a brownfield redevelopment within a port-industrial zone, with a planned 22,000 sqm GFA. The building is targeting BREEAM-NL Excellent and will be fully electric and gas-free. Rooftop photovoltaics will be installed with an expansion option. The grid connection includes 1.5 MW of contracted capacity, with export-to-grid secured.

The scheme is designed to suit both logistics and manufacturing users, with higher power availability supporting scale-up requirements and a broader range of occupier profiles.

This financing milestone confirms the project’s bankability and supports delivery in a core, infrastructure-backed logistics market where power availability is increasingly shaping occupier decisions.

The asset is held within Newport Logistics Fund II, which is fully raised. The fund’s portfolio provides diversification across the UK, the Netherlands, France, Austria, Poland and Spain.