Panattoni Park Antwerp II under construction on former glass factory site

Panattoni Park Antwerp II (Sas van Gent 2), part of Newport Logistics Fund II, is currently under construction on a remediated brownfield site within the North Sea Port area.

The site was previously home to Sas van Gent’s glass factory, founded in 1899 as the first mirror-glass factory in the Netherlands. For decades, it was one of the defining industrial employers in the Kanaalzone. Following the factory’s closure in 2014, the site became a brownfield now being brought back into productive use.

For Newport, this project reflects the type of asset we seek in European logistics real estate: strong location fundamentals, infrastructure relevance and specifications aligned with modern occupier requirements.

Located on the Dutch-Belgian border, close to Antwerp, the asset benefits from strong regional connectivity within one of Europe’s key port-industrial clusters. The location also offers the option to realise a private quay, adding to its multimodal credentials.

Panattoni Park Antwerp II will deliver approximately 22,000 sqm with a 1.5 MW power connection. It is being developed to a BREEAM-NL Excellent target, will be gas-free and can be fully equipped with solar panels. Planned completion is scheduled for Q1 2027.

As part of Newport Logistics Fund II, the project strengthens a portfolio of around well-located logistics assets in key European markets.