Tazzoli 6 is an existing office building situated in a prime location, at the edge of the Porta Nuova CBD district, the most sought-after office submarket in Milan, in an area characterised by strong demand and limited supply. It has excellent accessibility, directly located on the main road connecting to Porta Nuova and “Garibaldi” train and metro station (green line) and within walking distance of the “Monumentale” metro station (lilac line).

Tazzoli 6 has a gross surface of ca. 11,000 sqm with seven floors above ground and two below, including some 72 covered car parking spaces and a private internal courtyard. The asset is partially let, with the opportunity for redevelopment to a Grade A standard with ESG credentials (minimum target LEED Gold certificate).

Marco Corti, Managing Director and Country Head Italy at Barings Real Estate, said: “This is our seventh overall office acquisition in Milan and the second in this area, all being refurbishments of existing stock. Office take-up in Milan has been stable over the past few years, with strong rental growth being driven in part by a limited supply, creating strong opportunities for top quality assets with ESG credentials in prime locations. Offices in city centre locations, with value creation angles, remain an attractive asset class for us and we will continue to look for and invest in similar opportunities in the future.”

Gunther Deutsch, Managing Director and Head of Transactions Europe at Barings Real Estate, said: “This is an important office acquisition for us and in early 2026 we are planning to invest into one other asset in one of Europe´s capitals, in a prime CBD location. We do see core+ and value add opportunities arising in CBD locations across Europe which we like to look at as the office sector remains a key focus for us, alongside the logistics and living sectors, and we will continue to look for similar acquisitions in our jurisdictions the Nordics, the Netherlands, Germany, UK, Italy, France and Spain.”

For Barings
Ben Monteith/Charlotte Coulson (SEC Newgate)
baringsRE@secnewgate.co.uk

Barings Real Estate
Barings Real Estate (BRE) is a part of Barings and offers a broad range of global investment opportunities across the private debt and equity investment markets. BRE invests in all major property sectors and offers an expansive range of financing solutions to real estate borrowers. Follow us on LinkedIn at linkedin.com/showcase/barings-alternative-investments.

About Barings
Barings is a $470+ billion* global asset management firm that partners with institutional, insurance, and intermediary clients, and supports leading businesses with flexible financing solutions. The firm, a subsidiary of MassMutual, seeks to deliver excess returns by leveraging its global scale and capabilities across public and private markets in fixed income, real assets and capital solutions. Learn more at Barings.com.

*As of September 30, 2025

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