Europe-wide logistics platform Proxity settles in Frankfurt

Newly Founded Europe-Wide Logistics Platform Proxity Settles in Germany

2025-05-12 From Dipl.-Betriebswirt (FH) Bernd Maienschein | Translated by AI 1 min Reading Time

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The world's largest alternative asset manager Blackstone announces the founding of Proxity—a new Europe-wide operator and developer of logistics properties. The headquarters is in Frankfurt am Main (Germany).

Guido Piñol, CEO of Proxity: "We are pleased to create a real Europe-wide platform with Proxity that offers tailored solutions for our customers."(Image: Proxity) — Guido Piñol, CEO of Proxity: "We are pleased to create a real Europe-wide platform with Proxity that offers tailored solutions for our customers."
(Image: Proxity)

According to reports, the newly created platform aims to offer a wide range of users flexible, high-quality logistics spaces "in the most economically dynamic metropolitan regions of Europe." Proxity is starting with a portfolio of 500 existing and development properties, amounting to over 7 million square meters of leasable space. It is further stated that all properties belong to real estate funds managed by Blackstone.

According to a press release, Proxity will be active in continental and Northern Europe as well as in Ireland, with Chief Executive Officer (CEO) Guido Piñol at the helm. Alongside Piñol, Jonas Kriebel will be part of the management team as Chief Financial Officer (CFO). Both have been leading Officefirst, an investor and asset manager of office properties in Germany, for many years. The Proxity C-level is completed by Yvo Postleb, the former Germany head of Cushman & Wakefield, who will take on the role of Chief Operating Officer (COO).

The global development of e-commerce and the ever-changing demands on supply chains are constantly driving the demand for modern warehousing solutions.

Guido Piñol, CEO at Proxity

Proxity will fully commence its operational business at the beginning of 2026, and recruitment efforts in Germany and other European markets are, of course, already underway.

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James Seppala, Head of Real Estate Europe at Blackstone, says: "Logistics is one of our strategic core themes worldwide. The sector continues to benefit from highly stable long-term fundamentals. The launch of Proxity is another expression of this conviction and a testament to our funds' ability to strategically invest capital in fragmented markets. Our goal is to create a scalable logistics platform that responds to the changing needs of users."

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Date: 08.12.2025

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