Peakside lets warehouse of over 60,000 square metres in Mülheim-Kärlich, Germany, to major textile services provider

  • Construction to begin in 2026, completion in spring 2028
  • 20-year lease
  • Tenant is major German textile services provider

 

Frankfurt am Main, August 25, 2026 – The European investment manager Peakside Capital Advisors AG (Peakside) has signed a long-term lease agreement with a major textile services provider for a large-scale warehouse and services property development in Mülheim-Kärlich near Koblenz, Germany. The building will be let in its entirety to the new tenant. Construction of the project, which forms part of the PREF IV fund managed by Peakside, is set to begin later this year. The property, covering over 60,000 square metres, will offer storage capacity for 76,000 Euro pallets. In addition, there will be 140,000 storage spaces for small boxes. Furthermore, the building will also provide modern services and office areas, as well as parking spaces. It will be erected on a plot of land covering approximately 110,000 square metres, owned by Peakside. The lease term is 20 years, with further extension options.

BNP Paribas, Immolox and Colliers acted as advisers on the letting. Legal advice to Peakside was provided by HauckSchuchardt, whilst the tenant received in-house legal advice. Goldbeck has been appointed as the main contractor for the project, and KUA DC Solutions, part of Arcadis, as the lead architect.

Boris Schran, Managing Partner at Peakside, says: “We are delighted to have found a long-term tenant with unquestionable creditworthiness for our property. The site is ideally situated between the A61, A48 and A3 motorways and offers further transport links, such as rail access and proximity to an inland port, underlining its outstanding location and the many advantages it offers. The handover of the building to the tenant is scheduled for 2028.“

Hendrik Wüsten, Principal at Peakside, whose responsibilities include the logistics sector, adds: “We are constructing the building in accordance with current ESG guidelines and are aiming for DGNB Gold certification. To this end, it will be equipped with, amongst other things, a photovoltaic system, a green roof, rainwater management facilities, charging infrastructure and heat pumps. The building is designed to be as energy self-sufficient as possible.”

 

About Peakside

Peakside Capital Advisors AG is a European investment manager. The private-equity company manages assets worth over EUR 1.7 billion on behalf of institutional investors. Peakside implements differentiated investment strategies tailored to specific investor needs, ranging from core to value-add, and opportunistic investments in commercial and residential assets. The company has in total acquired assets worth EUR 4.8 billion. Peakside’s investment spectrum includes single properties, developments as well as portfolios, distressed debt and real estate operating companies. The firm employs a team of more than 45 professionals in its offices in Frankfurt, Zug, Warsaw, Prague, Munich and Luxembourg.

www.peakside.com

 

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