Newport Logistics Fund III, part of the Panattoni group, has raised the first €100 million ($116 million) at the first close of its third pan-European logistics fund, against a total target of €300 million ($349 million). The initial close represents one of Europe’s largest logistics fundraisings of 2025 and demonstrates strong investor conviction in the fund’s strategy, track record and pipeline.
The fund, which launched in May 2025, achieved its first close within a short timeframe, underscoring the continued appeal of modern, sustainable logistics development even against a macroeconomic backdrop of higher interest rates and muted real estate investment volumes. Investor geography will not be disclosed.
Newport Logistics Fund III will finance the development, leasing, and sale of 10–12 class A logistics facilities across Europe. The first two funds, with a combined portfolio value of €350 million ($407 million), have successfully delivered projects in ke
