Newport Logistics Fund III, in partnership with Panattoni, has acquired a site in Milton Keynes to develop a 100,000 sq ft logistics facility aimed at sustainability and meeting the growing demand in the logistics sector.

Information on the Target

Newport Logistics Fund III has recently made its inaugural investment in partnership with Panattoni by acquiring a five-acre parcel on Yeomans Drive in Milton Keynes. This prime location will host the development of a state-of-the-art 100,000 square foot logistics facility known as Panattoni Milton Keynes 100. The project represents a significant step for the fund in expanding its portfolio of logistics assets.

The chosen site is strategically situated just 50 miles northwest of London, an area recognized for its growing demand in the logistics sector. This investment is part of Newport Logistics Fund III’s commitment to creating modern and sustainable logistics properties that adhere to key Environmental, Social, and Governance (ESG) criteria, which are increasingly important to today’s investors.

Industry Overview in the Target’s Specific Country

The logistics industry in the United Kingdom has seen substantial growth in recent years, driven by e-commerce expansion and the increasing need for efficient supply