Peper and Sohne

What Peper and Sohne does

Peper & Söhne GmbH is a self-investing commercial real estate project developer headquartered in Bremen, Germany, founded as a family office in 2013 and operating as an independent development company since 2017. The firm focuses on logistics and light industrial properties across Germany, with selected activity in office, hotel, and mixed-use neighborhood development. Its core offering spans the full project lifecycle — land acquisition, planning and building-right creation (Baurechtsschaffung), construction management, ESG-compliant construction, asset and property management, and onward sale or holding of completed assets. Peper & Söhne pursues ESG standards systematically, targeting DGNB Gold certification as a minimum across its portfolio and aligning projects to EU taxonomy criteria.

The business operates three revenue streams: (1) one-time gains from developing and selling completed logistics and light industrial properties to institutional and private investors (e.g., LIP Invest, private Bremen investors); (2) recurring rental income from properties retained in the company's own portfolio (e.g., DRK-Kreisverband Bremen tenancy); and (3) Service Developer fees for investors and developers needing project execution capability, acting as a fee developer on assets owned by third parties such as Necron Group AG. Projects are structured as built-to-suit for specific tenants, speculative developments, or joint ventures with institutional capital partners including HIH Invest Real Estate and Urban Partners.

The company goes to market primarily through direct B2B relationships with corporate tenants and institutional investors, supplemented by an exclusive brokerage mandate with Robert C. Spies Industrial Real Estate and a general contractor relationship with GOLDBECK Nord. Tenant relationships concentrate in automotive, KEP/courier-parcel, aerospace, healthcare, and industrial sectors, with named customers including Hermes Germany, SCHAUENBURG Industrietechnik, Rehadapt GmbH, and DRK-Kreisverband Bremen. As of 2025/2026, Peper & Söhne reports 45 completed projects, approximately €0.5 billion in total project volume, and 763,141 m² of land area developed, with a headcount of approximately 30 employees organized across management, project development, asset and property management, finance/controlling, accounting/HR, IT, and corporate communications functions.

Name

Peper and Sohne

Legal name

Peper & Söhne GmbH

Website

https://peperundsoehne.de

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

11–50 employees

Short description

Peper & Söhne is a Bremen-based, self-investing commercial real estate project developer specializing in ESG-compliant logistics and light industrial properties across Germany, serving enterprise tenants, institutional investors, and small businesses via built-to-suit, speculative, joint venture, and Service Developer engagements.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Development

NAICS

Land Subdivision (23721), Management, Scientific, and Technical Consulting Services (5416)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Operative Builders (1531), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Land & Development Site Brokerage (BPAJABAG)

akta.pro secondary industries

Industrial Land & Build-to-Suit Site Brokerage (BPAJACAJ), Real Estate Transaction Advisory & Due Diligence (FSAEAJAJ)

Keywords

• Commercial real estate development
• Logistics property development
• Light industrial real estate
• Property management services
• Project development consulting

Headquarters

HQ city

Brêmes

HQ country

France

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Property Sales (Capital Release): Peper & Söhne develops logistics and light industrial properties and sells them to investors (institutional, private) to recycle capital. Examples include the sale of a logistics property in Thiendorf (Dresden) to LIP Invest GmbH, a Multi-Tenant commercial property in Bremen Airport-Stadt to a private investor, and a property sold mid-2021 after renovation.
2. Rental Income (Own Portfolio): Peper & Söhne retains some properties in their own portfolio and generates recurring rental income. Examples include the DRK-Kreisverband Bremen e.V. renting 3,000 m² in Airport-Stadt Bremen.
3. Service Developer / Project Development Fees: As a 'Service Developer', Peper & Söhne provides development services (planning, construction management, property management) to investors and developers. This includes support for individual services like plan and building law creation (Baurechtschaffung) up to complete project management and subsequent property management.

Go-to-market motion2 records

Distribution channels5 records

Marketing channels6 records

Core offering

Peper & Söhne is a self-investing commercial real estate project developer that acquires land, develops, and leases or sells logistics and light industrial properties. Its core offering spans the full development lifecycle: land acquisition, planning and building-right creation (Baurechtschaffung), construction management (via GOLDBECK Nord as general contractor), ESG-compliant building design targeting DGNB Gold certification, and ongoing property/asset management. It also acts as a 'Service Developer', providing fee-based development services to third-party investors and developers.

Product overview

Peper & Söhne is a self-investing project development company founded in 2013 and spun off in 2017, focused on commercial real estate in Germany with a primary emphasis on logistics and light industrial properties. The company operates a portfolio of integrated products and services: (1) Custom Commercial Real Estate Project Development — the core offering covering conception, planning, development, and revitalization of commercial properties from single tasks to full project and property management; (2) Service Developer advisory services supporting investors; (3) Property Management for held or managed assets; (4) Rental products segmented by size — Handwerkerhöfe (craftsman yards) for spaces up to 2,000 m² targeting small businesses, and large-volume Light Industrial & Logistics spaces from 2,000 m² upwards; (5) Transactions & Investment services for property sales to investors. Key named projects include SPURWERK Quartier (a ~90,000 m² mixed-use commercial neighborhood in Bremen, the first in the city with DGNB Gold pre-certification), the DGNB Gold-certified Logistikzentrum Hermes Thiendorf (10,500 m² logistics facility), the Hamburg-Billbrook logistics property (17,300 m², joint venture with HIH Invest/Urban Partners), the SCHAUENBURG Industrietechnik built-to-suit facility in Bremen (~4,192 m²), and the Rehadapt production and logistics site in Kassel (~11,000 m²). ESG Consulting is offered as a complementary service advising clients on sustainable real estate measures.

Differentiator

Problem solved

Functional benefit

Brands

• SPURWERK: A sustainability-focused commercial real estate project in Bremen (Neustadtsgüterbahnhof area), approximately 90,000 m², offering offices, trade, gastronomy, and modern showrooms. First quarter in Bremen to receive DGNB pre-certification in gold.

Products and services

• Custom Commercial Real Estate Project Development End-to-end custom project development of commercial real estate — including conception, planning, development, and revitalization of logistics, light industrial, and other commercial properties, ranging from individual task assignments to full project management and subsequent property management. Customers include enterprise tenants and institutional investors.
• Service Developer (Project Development Advisory)
• Property Management Ongoing property management services following project completion, managing owned or third-party commercial real estate assets, including tenant relations and technical facility management.
• Handwerkerhöfe (Rental Spaces up to 2,000 m²) Rental spaces up to 2,000 m² targeting craft businesses, micro, and small enterprises, delivered through purpose-built craftsman yards (Handwerkerhöfe) that provide modern and sustainable commercial space in Bremen.
• Light Industrial & Logistics Rental Spaces from 2,000 m² Large-volume light industrial and logistics properties from 2,000 m² upwards, developed on a built-to-suit or speculative basis, offering high-quality and sustainable commercial real estate for enterprise tenants in automotive, KEP, aerospace, and other sectors.
• Transactions & Investments Investment and transaction services including the sale of completed logistics and light industrial properties to national and international investors, offering curated, ESG-compliant investment opportunities with strong tenant creditworthiness.
• SPURWERK Quartier A multi-phase commercial neighborhood project in Bremen spanning approximately 90,000 m², offering modular hall spaces, modern working environments, offices, craft units, gastronomy, and showrooms. Operates entirely without fossil fuels.
• ESG Consulting ESG consulting services advising customers on ESG measures related to real estate and supporting practical implementation, including a sustainability handbook with over 100 concrete measures and a tenant handbook for environmentally conscious operations.

Quantifiable outcome

• 45 completed projects with ~€0.5 billion total project volume and 763,141 m² of land area

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Nine partnerships are on record, tiered core and minor.

• Robert C. Spies Industrial Real Estate GmbH & Co. KGcoreChannel Partner/ Reseller/ DistributorExclusive broker and advisor for transactions, leasing, and marketing of rental space for Peper & Söhne projects. Has been involved in multiple key transactions and property marketing mandates. Also provides advisory services to Peper & Söhne on acquisition opportunities (off-market).
• GOLDBECK Nord GmbHcoreImplementation/ SI/ Consulting PartnerGeneral/total contractor (Totalübernehmer) for construction of Peper & Söhne's logistics and light industrial developments. Consistent partner across multiple projects including the Hamburg-Billbrook logistics facility and Rehadapt Kassel project.
• Jones Lang LaSalle SE (JLL)minorChannel Partner/ Reseller/ DistributorReal estate service provider that advised Rehadapt GmbH in its search for a new location in Kassel. JLL acts as advisor to the tenant (Rehadapt), not directly to Peper & Söhne.
• DGNB e.V.coreOthersPeper & Söhne is a member of the German Sustainable Building Council (DGNB). They standardly pursue at minimum DGNB Gold certification for their projects and use the DGNB certification system to independently verify sustainability performance.
• gif e.V. (Gesellschaft für Immobilienwirtschaftliche Forschung)minorOthersPeper & Söhne is a member of gif (Society for Real Estate Research), which has ~1,300 members and focuses on research, networking, and standards in the real estate industry.
• Hermes Germany GmbHcoreOthersLong-term tenant of the Peper & Söhne-developed logistics property in Thiendorf (near Dresden). The property is DGNB Gold certified and was subsequently sold by Peper & Söhne to LIP Invest with Hermes remaining as tenant.
• DRK-Kreisverband Bremen e. V.coreOthersTenant of a group-owned Peper & Söhne property in Bremen Airport-Stadt. The DRK uses ~3,000 m² for a logistics center and disinfection center for the Bremen Emergency Medical Services.
• SCHAUENBURG Industrietechnik GmbHcoreOthersAnchor tenant of a Peper & Söhne new-build light industrial property in Bremen Bayernstraße. 15-year lease for ~4,192 m² hall space plus office/social areas, consolidating SCHAUENBURG's previous Bremen locations. Groundbreaking January 2026, planned occupancy October 2026.
• Rehadapt GmbHcoreOthersAnchor tenant of a Peper & Söhne new-build multi-user production and logistics building in Kassel (~8,200 m² of ~11,000 m² total). Project managed by Peper & Söhne for investor Necron Group AG. Groundbreaking January 2026. DGNB Gold targeting.

Scale indicators5 records

Recent moves9 records

Expansion highlights6 records

Emerging players

• Robert C. Spies Industrial Real Estate: Robert C. Spies Industrial Real Estate is a German industrial/logistics broker and advisor, and is already a strategic channel partner of Peper & Söhne. Comparable as a specialist intermediary in the German industrial/logistics investment and leasing market.

Direct peers

• Verdion: Verdion is a pan-European logistics and industrial property developer and investor operating in Germany and the Nordics. Comparable as a developer of modern, sustainable logistics and light industrial properties backed by institutional capital.
• BEOS Industrial: BEOS is a Berlin-based developer and asset manager of urban industrial and logistics real estate in Germany. Comparable in the development of modern, urban-industrial and logistics properties, particularly brownfield repositioning, which overlaps with Peper & Söhne's 'Individuell/Refurbishment' asset class.
• Panattoni: Panattoni is Europe's largest logistics and industrial real estate developer with deep presence in Germany. Highly comparable as a build-to-suit and speculative developer of logistics and light industrial properties, serving institutional investors and corporate occupiers across Germany and Europe.
• Four Parx: Four Parx is a German developer of logistics, light industrial, and commercial properties. Comparable in developing modern, ESG-conscious industrial/logistics parks in German metropolitan areas.
• Logicenters (NREP): Logicenters is a Nordic and Northern European logistics and industrial real estate developer and owner. Comparable as a developer of large-volume logistics and light industrial assets targeting institutional investors.
• Logivest: Logivest is a German logistics and industrial real estate specialist covering transaction, development, and consulting. Comparable as a Germany-focused logistics/industrial property specialist serving occupiers and investors.
• Garbe Industrial Real Estate: Garbe is one of Germany's leading independent specialists for logistics and industrial real estate, with development, investment, and asset management capabilities. Directly comparable in focus on German logistics/light industrial development and institutional capital partnerships.

Broad incumbents

• DIC Asset AG: DIC Asset AG is a listed German commercial real estate manager with logistics, office, and retail exposure. Comparable as a German commercial real estate platform with logistics development and asset management capabilities, though broader and listed.
• Real I.S. (BayernLB group): Real I.S. is a German real estate investment manager (part of BayernLB) with funds investing in logistics, office, and residential. Comparable as an institutional capital allocator in German commercial/logistics real estate and as a counterparty for developer relationships.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

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Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Peper and Sohne