Newport Logistics Fund, a Luxembourg fund investing in warehouse real estate, will finance the development of a distribution centre at the Stichtsekant business park in Almere near Amsterdam. Construction of the 23,400 sqm development is scheduled for completion in early 2024.

Newport Logistics Fund, a fund investing in warehouse real estate, will finance the development of a distribution centre at the Stichtsekant business park in Almere near Amsterdam. Construction of the 23,400 sqm development is scheduled for completion in early 2024.

The distribution centre will be located directly adjacent to the A27 motorway, just 30 km from Amsterdam and Utrecht. Schiphol airport and the port of Amsterdam are reachable in approximately 30 minutes. Around twelve million people live within an hour’s drive of the business park.

“We are extremely excited that our Fund’s next project is located in the best area in the Netherlands, close to Amsterdam. The second project in our portfolio provides investors with diversification in terms of assets and geographical location,” – said Szymon Ostrowski Managing Director of Newport Logistics Fund.

The Almere Distribution Centre will consist of 19,600 sqm of warehouse space, more than 2,100 sqm of office space and a mezzanine floor occupying nearly 1,600 sqm. The facility will have 22 loading docks and five overhead doors. There will also be 251 parking spaces. The development will be suitable for one larger tenant or for several smaller ones within segments of at least 3,700 sqm.

Newport is betting on green. The new distribution centre will meet strict sustainable building requirements and will be certified in accordance with the BREEAM standard of Very Good. The building will not use natural gas and the roof will be entirely covered with PV panels.

International renown. Business Park Stichtsenkant has a strong business presence – leading companies from various sectors chose it as a base for logistics operations, including Volvo, Lidl, or PostNbout thirty minutes away by car is the port of Flevokust, with the container terminal CTU Flevokust. It offers the possibility of transporting goods by water, for example to the port of Rotterdam.

Projects on a variety of latitudes. The Almere distribution centre is another European realisation financed by Newport Logistics Fund. In the second half of 2022, construction began on an industrial facility in Poland, near Łódź, with a target area of 33,000 sqm. In the first of the halls, DPD will occupy 6,300 sqm, and the cross-dock building will house one of the company’s most modern sorters in the country.