Newport Logistics Fund II, a fund investing in a full cycle related to the development of warehouses in Europe, was established in Luxembourg as an investment company. The second fund is looking to raise €100 million 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 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 to provide the 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 €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 sqm 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 sqm, 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 sqm.
High ecological standard – a requirement for financing
Newport Logistics Fund’s key investment criterion is a high standard of sustainable construction which ensures that the facilities meet the ESG goals of both customers and users. Therefore, each project will undergo BREEAM certification.