Newport Logistics Fund II seeks €100m to invest in warehouses in Europe

A new vehicle focused on warehouse developments in Europe has been established in Luxembourg as an investment company, according to various reports.

Newport Logistics Fund II is seeking to raise €100 million ($109 million) to invest in the construction and commercialization of various types of warehouse properties. The fund’s investment activities will be focused in Western Europe, where it now is analyzing projects in the United Kingdom, Germany, Belgium, Spain and Sweden.

The first fund in the series raised €50 million ($54 million) in 10 months from investors located in Western Europe, Poland, the United States and Dubai. The capital already has been fully invested in three projects located in Amsterdam, London and central Poland.

“Our strategy assumes financing the construction of modern warehouses and logistics facilities in Europe based on the diversification of assets and their location in order to provide the best returns for our investors,” sa