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.
