Newport Logistics Fund will finance the construction of a logistics park in Łódź

Newport Logistics Fund, a fund investing in warehouse real estate, will finance a logistics center with an estimated market value of 37 million euros. The first tenant of the park is DPD – one of the largest courier companies in Europe. The park with a planned area of over 32,000 sq m will be built in Central Poland (near Łódź) – one of the main logistics hubs in Europe. It is also the Fund's first investment in Poland.

The park will consist of two buildings with a total area of over 32,000 sq m. It will be built on a ten-hectare plot in the town of Lućmierz near Zgierz. The first of the facilities already has a tenant – the company DPD. The building dedicated to it (cross-dock type) will house one of the largest and most modern sorters in the country. DPD is the largest parcel provider in Europe. Every day, 7.5 million shipments pass through its sorting centers. Construction begins at the beginning of May. 

Newport Logistics Fund (NLF) is an investment fund registered in Luxembourg. It focuses on investing in the comprehensive implementation of high-quality logistics projects located in strategic areas with good access to infrastructure. Financing the Łódź warehouse is the first investment project for NLF in Poland. 

"Warehouse and industrial spaces, on the wave of the pandemic and the shift towards e-commerce, have become an extremely attractive investment asset. Poland, strategically located in the heart of Europe, benefits from this in particular, because Western European consumers are often served from Polish warehouses. Companies that are drawing conclusions from the pandemic, and now also the war in Ukraine, and are relocating some of their factories and warehouses to us, also want to be closer to the target markets and consumption points" – says Szymon Ostrowski, Managing Director of the Fund. – "Besides the economic viability of our investments and responsible risk management, we are also guided by ecological and social issues. All our investment projects must undergo environmental certification in one of the selected systems: BREEAM, LEED or DGNB, so that the facilities delivered to the market meet high quality criteria and are environmentally friendly and user-friendly." 

Growing investor interest in logistics centers is confirmed by data. According to JLL, warehouse transactions accounted for more than half of the commercial real estate investment market in 2020. This was a result 81% higher compared to 2019 and 48% higher than the record-breaking 2018. In 2021, warehouses remained one of the most desirable investment products among investors in the real estate market. The total value of transactions in this market reached 2.8 billion PLN and was 8 percent higher than a year earlier.

The park near Łódź, financed by Newport Logistics Fund, will be built in one of the main logistics hubs in Europe. Within an hour's drive, 4 million people live here, and as many as 180 million customers are within 6 hours. Excellent transport connections are complemented by the nearby Intermodal Container Terminal, connecting China with Western Europe.