Pictet Alternative Advisors and Scantum DW secure Nextrend as long-term tenant for new logistics development in Hochheim am Main

Nextrend, a wholly owned subsidiary of Duravit AG and an existing tenant at the site, has signed a long-term lease for the entire scheme, which comprises approximately 20,000 sqm of lettable space.

The logistics property was acquired in the first quarter of 2025 as part of an off-market transaction from Branicks Group AG. It is located in Hochheim am Main, an area centrally positioned between Frankfurt, Mainz and Wiesbaden, and which benefits from excellent access to the A3, A671, A60 and A66 motorways.

Following the departure of the current tenants, the PAA-Scantum joint venture plans a partial demolition of the existing buildings and the construction of a state-of-the-art logistics facility. The asset will be connected to the district heating system and developed in line with the latest technical and energy standards. The building permit application has already been submitted, with construction scheduled to begin in the third quarter of 2026.

The full pre-letting of the project prior to the start of construction underlines the high quality of the location and the strong demand for sustainable and future-proof logistics space in the Rhine-Main region.

Simon Geldmann, Head of Germany & Benelux Direct Real Estate at Pictet Alternative Advisors, says: “The early full letting to a tenant with strong credit quality confirms both our investment concept and the attractiveness of the Hochheim location. With this project, we are creating a modern, sustainable logistics property that will deliver stable long-term returns and clear added value for users and the region.”

Vincent Schneider, Managing Partner at Scantum DW, adds: “Securing a long-term lease for the entire space around two years before completion sends a strong signal to the market. The close cooperation of all parties involved and the clearly defined product profile were key factors in achieving this successful outcome.”

Dennis Greuling, Managing Director at Nextrend, explains:
“The new logistics site in Hochheim provides optimal conditions for the further development of our logistics processes. The modern, sustainable concept of the new building and its strategic location in the Rhine-Main region align perfectly with our long-term corporate objectives.”

Note to Editors

About Pictet Group and Pictet Alternative Advisors

The Pictet Group is a partnership of owner-managers, with principles of succession and transmission of ownership that have remained unchanged since foundation in 1805. It offers only wealth management, asset management, alternative investment solutions and related asset services. The Group does not engage in investment banking, nor does it extend commercial loans. 

With CHF 757 (EUR 813, GBP 710, USD 955) billion in assets under management or custody at 31 December 2025, Pictet is today one of the leading Europe-based independent wealth and asset managers for private clients and institutional investors.

Founded and headquartered in Geneva, Switzerland, Pictet today employs around 5,500 people. It has 31 offices worldwide, in Amsterdam, Barcelona, Basel, Brussels, Dubai, Frankfurt, Geneva, Hong Kong, Lausanne, Lisbon, London, Luxembourg, Madrid, Milan, Monaco, Montreal, Munich, Nassau, New York, Osaka, Paris, Rome, Shanghai, Singapore, Stuttgart, Taipei, Tel Aviv, Tokyo, Turin, Verona and Zurich. 

Pictet Alternative Advisors (PAA) is an independent unit within the Pictet Group that manages investments in hedge funds, private equity, private debt and real estate assets for both private and institutional clients. Pictet employs around 200 alternative investment specialists and manages USD 54 billion in alternative strategies, with USD 31 billion in private equity, USD 18 billion in hedge funds, USD 5 billion in real estate and USD 1 in private debt (as of 31 December 2025). 

About Scantum DW

Scantum DW is an independent investment and asset manager specializing in logistics, light industrial and last-mile properties. Scantum was founded in 2022 by Alexander Polsak and Vincent Schneider. In 2023, DW Real Estate acquired a stake in the company and the company was renamed Scantum DW. The management of Scantum DW has a track record with a transaction volume of over 15 billion euros and brings extensive experience in real estate investments.

The company currently manages a real estate portfolio of around €350 million.