Newport Logistics Fund, Luxembourg investment company, has sold the first development from its first fund, achieving an internal rate of return of 20.3%.

The project, located just 30 minutes from two of the most important cities of the Netherlands – Amsterdam and Utrecht -, has been completed and sold to the occupier, a global company, which will use the facility for its production and distribution.

The facility totals 23,420 sq m, comprising 19,666 sq m of industrial space, 2,158 sq m of office space and 1,596 sq m of mezzanine space, with 258 parking spaces. Developed to meet BREEAM ‘Very Good’ sustainability standards, it reflects Newport’s commitment to creating future-proof, environmentally responsible assets.

The development aligns with Newport Logistics Fund I’s strategy of find high-quality logistics facilities in core European markets. The property’s strategic location, with access to 12 million people within one hour’s drive, underscores the fund’s focus on investments in high-demand regions with strong connectivity and growth potential.

Szymon Ostrowski, Managing Director of Newport Logistics Fund, said: “We are delighted with the successful development and delivery of this project, ideally situated just a short distance from Amsterdam, the vibrant capital of the Netherlands. This facility not only exemplifies sustainable industrial design but also showcases the value of strategic investments in high-demand regions. As one of the standout projects of Newport Logistics Fund I, this milestone demonstrates the fund’s ability to deliver extraordinary returns for its investors”.

The success of this project was made possible through collaboration with the developer, Panattoni.

Newport Logistics Fund I invested in three modern logistics facilities in London, Amsterdam and Lodz with a gross development value of €100 million. The Newport series of funds finance the full development cycle (land acquisition, construction, lease and sale) of modern logistics warehouses in Europe and aim to generate a return of 15% a year. They are part of the Panattoni group. Capital is sourced from professional Investors principally high-net-worth individuals and family offices from the EU, Switzerland, the UK, the US and the Middle East.