Pictet and Stoneweg Expand AXIS Warehouse Real Estate Platform With Maastricht Airport Acquisition

Pictet and Stoneweg have completed a real estate acquisition at Engelandlaan 3 in the Aviation Valley business park adjacent to Maastricht Airport, adding a newly delivered 10,250-square-meter logistics facility to their joint Dutch warehouse real estate platform known as AXIS, the firms announced June 3, 2026.

The deal brings the AXIS portfolio to nine buildings totaling approximately 70,000 square meters across logistics locations in the Netherlands, according to the announcement. Financial terms of the transaction were not disclosed.

Asset Details and Warehouse Real Estate Specifications

The facility, developed by Merle Vastgoed and constructed by Willems Bouwbedrijf and Coumans Installaties, was completed in May 2026. The building comprises four separate units, each with its own office space, loading docks, and electric vehicle charging infrastructure, a configuration designed to serve small-to-medium-sized occupiers seeking flexibility.

The structure features a clear height of 12 meters and a floor load capacity of 50 kilonewtons per square meter. Completed units have received an EPC A+++++ rating, the highest energy-performance certificate available in the Netherlands. The building is also expected to achieve BREEAM "Very Good" certification. Sustainability features include solar photovoltaic panels, a heat pump system, and high-efficiency lighting.

More than 50% of the leasable space was pre-let prior to or at the time of the acquisition, with the firms noting demand from multiple prospective tenants for the remaining units. The Aviation Valley submarket is home to established logistics occupiers including DHL, Jumbo, DSV, and MLS.

Location

The Engelandlaan 3 asset sits within the Aviation Valley business park, directly adjacent to Maastricht Airport and along the A2 highway.

Simon Geldmann, Head of Germany & Benelux – Direct Real Estate at Pictet Alternative Advisors, said the acquisition reflects the platform's focus on smaller-scale logistics units. "We are very pleased with this new high-quality addition to the portfolio, which now comprises nine buildings totalling approximately 70,000 sqm across key logistics hotspots in the Netherlands," Geldmann said. "The pre-let at this property demonstrates the robust demand for high-quality, smaller-scale units in the logistics sector, underpinning our strategy of focusing on this market segment."

Thomas Kal, Transaction Manager at Stoneweg, noted the competitive environment for assets of this type. "The competition for high-quality, small-box logistics is high, especially on premium locations," Kal said. "This asset embodies the current strategy of AXIS and ticks all boxes when it comes to quality, flexibility and sustainability. We are looking forward to welcoming our new tenants in this excellent building."

Advisory

On the sell side, Merle Vastgoed was advised by JLL on commercial matters and Pierik Legal on legal matters. Pictet and Stoneweg were advised by Dentons on legal matters and RYSE on development services. No financing details were disclosed in connection with the transaction.

AXIS Platform and Ongoing Acquisition Activity

AXIS was founded as a last-mile logistics platform by Pictet Alternative Advisors and Stoneweg. The firms described the platform as actively seeking additional acquisitions in the small-to-medium-sized logistics segment, with a focus on established logistics corridors and the Randstad area of the Netherlands.

Pictet Alternative Advisors is an independent unit within the Pictet Group that manages investments in hedge funds, private equity, private debt, and real estate. As of December 31, 2025, the unit managed approximately USD 5 billion in real estate strategies. Stoneweg is a Geneva-headquartered alternative investment group with approximately €11 billion in assets under management and an operational presence across 15 European countries, the United States, and Singapore.

About the Firms

The Pictet Group, founded in Geneva in 1805, reported CHF 757 billion in assets under management or custody as of December 31, 2025, and employs approximately 5,500 people across 31 offices worldwide. Pictet Alternative Advisors manages approximately USD 54 billion in alternative strategies across hedge funds, private equity, private debt, and real estate.

Stoneweg, founded in 2015 and headquartered in Geneva as part of SWI Group, employs more than 250 people and operates across 23 offices in 15 European countries as well as the United States and Singapore.

Sources: Pictet Alternative Advisors – Media Release, June 3, 2026