Newport Logistics Fund III, part of the Panattoni group, has raised €100m at the first close of its third pan-European logistics fund.
The fund, which launched in May 2025, is targeting a total raise of €300m. Newport Logistics Fund III will finance the development, leasing and sale of 10 to 12 logistics facilities across Europe.
The first two funds, which have a combined portfolio value of €350m, have delivered projects in key logistics markets across Europe.
The new fund has secured three assets in France, Germany and the UK, as well as five additional projects at advanced due diligence stage in Italy, Austria and Germany.
In the UK, the fund has secured Panattoni Milton Keynes, a 94,000 sq ft Grade A logistics development strategically located in the UK’s ‘Golden Triangle’.
Daniel Raemy, CEO of Newport by Panattoni, said: “Our strong first closing reflects the confidence investors place in our strategy, our team, and the depth of our development pipeline. Raising €100m in such a short period, and in challenging market conditions, demonstrates clear belief in the resilience of European logistics and in our ability to originate and deliver high quality, sustainable assets across multiple jurisdictions.
“With secured assets in France, Germany and the UK, and further projects progressing in Italy, Austria and Germany, we are well positioned to deploy capital efficiently. Our focus remains on disciplined, diversified development that delivers both long-term value and best-in-class ESG performance.”
