ARTICLES LABELLED WITH TAG investment fund

31
Mar
2023

Newport Logistics Fund II starts fundraising for €100 million

by Property Forum

Newport Logistics Fund II, a fund investing in full cycle related to the development of warehouses in Europe, was established in Luxembourg as an investment company. The second fund is looking to raise €100 million for further investments in Western Europe.

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Latest news

New leases

P&G Romania will relocate its HQ to a space of approximately 7,000 sqm in YUNITY Park business campus, developed by Genesis Property. The lease contract will run for 10 years.
DevHub, a Romanian software development company, has solidified its presence in the Romanian market by opening two new offices, with a total area of over 1,000 sqm, located in the office buildings within the mixed-use projects Iulius Town Timișoara and Palas Iași, developed by Iulius.
ELI Parks has signed an agreement with Quehenberger Logistics for the lease of 1,703 sqm of warehouse space and 56 sqm of offices within the ELI Park Bacău project.

New appointments

Garbe has named Zuzana Štěpánková as Business Development Manager in the Czech Republic. She has previously worked at iO Partners as Senior Consultant.
Romanian developer Redport has appointed Sorin Ioan Blaga as COO. In recent years, Blaga has served as CEO of Liebrecht & wooD Romania, managing real estate developments with a combined value of several hundred million euros, and as COO & Co-CEO of The Concept Group.
From mid-October, László Csapó will take up the position of Director of Business Development at Danubius Hotels Zrt. He succeeds Andrea Róna, who had held the position since 2022.

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