First Development for Newport Logistics Fund III
We are thrilled to announce Newport Logistics Fund III’s first investment! In partnership with Panattoni, we have acquired a five-acre site on Yeomans Drive in Milton Keynes. There, we will develop a 100,000 sq ft speculative logistics facility, Panattoni Milton Keynes 100.
📍 Milton Keynes is strategically located just 50 miles northwest of London, making it a prime logistics hub with strong demand from occupiers. This investment aligns perfectly with our strategy of developing modern, sustainable logistics assets that meet evolving Environmental, Social, and Governance (ESG) standards while providing robust returns for our investors.
Panattoni plans to submit a detailed application in Q2, and we are excited to embark on this next phase of growth!