KKR and Mirastar, KKR Real Estate’s industrial and logistics platform in Europe, today announced the completed purchase of a prime logistics property in Duisburg, Germany from a subsidiary of global integrated logistics company A.P. Moller – Maersk (Maersk). KKR and Mirastar acquired the approximately 47,000-square-meter property in December 2025 through a sale-leaseback transaction with Maersk continuing to occupy the site as a long-term tenant.
The logistics facility was built to a high specification in 2023 and features state-of-the-art warehouse, block storage and cross-dock spaces with 10.2-meter clear heights and generous dock-level and drive-in loading space. The property has high-quality office and amenity spaces and is designed for flexible single and multi-tenant occupancy. It holds a BREEAM Excellent rating for sustainability and has on-site solar power generation with peak capacity covering 100% of tenant energy consumption, including office and warehouse heating and vehicle charging.
Strategically located in Duisburg Harbor, Europe’s largest inland port, the property benefits from direct access to key transportation routes spanning North-Rhine-Westphalia. The property is ideally positioned as a hub for third-party logistics serving one of Europe’s most densely populated regions with over 15 million people located within 90-minutes driving distance.
Jan Baumgart, Managing Director and Head of Real Estate Germany at KKR, commented: , said: “We are pleased to grow our logistics portfolio in Germany and complete another excellent acquisition with Mirastar for our Core+ strategy. Logistics is one of our highest conviction themes and we remain focused on investing in strategically situated properties that connect leading tenants to the growing demand within Europe’s major population centres.”
Ekaterina Avdonina, CEO and Co-Founder at Mirastar, added: “This transaction is another example of the powerful combination of Mirastar’s deep expertise acquiring and owning logistics properties with KKR’s scale, local presence and access to capital. We believe our strategic partnership is well positioned as a buyer of choice across top European logistics markets and we are continuing to build on our strategy of acquiring and owning best-in-class facilities that meet the evolving needs of occupiers across the continent.”
Recent acquisitions by KKR and Mirastar in Germany, Sweden and the UK have continued to strengthen the platform’s footprint across Europe.
The asset has been acquired through KKR’s European Core+ real estate strategy and will be managed by Mirastar.
About Mirastar
Mirastar is a pan-European logistics developer, investor and asset manager, founded in 2019 by Ekaterina Avdonina, Chief Executive Officer, and Anthony Butler, former Chief Investment Officer. The team currently comprises senior real estate professionals based in London, Paris, Stockholm and Frankfurt. The team at Mirastar have deployed over €20 billion of capital across key European markets and have built and constructed in excess of 4 million square meters of logistics assets collectively.
About KKR
KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com. For additional information about Global Atlantic Financial Group, please visit Global Atlantic Financial Group’s website at www.globalatlantic.com.
Media Contacts
KKR
Miles Radcliffe-Trenner: media@kkr.com
