San Giorgio Bigarello is a prime location within the Mantova emerging logistics sub-market, with excellent accessibility to the A22 motorway and just 1.5 km from the tollgate Mantova Nord, where important international tenants have relocated to in the recent past.

Construction of the 37,500 sq m warehouse started in Q1 2024 and was completed in May 2025, on time and on budget. The warehouse was pre-let during construction to an important international 3PL at an ERV above initial underwriting. It is LEED Gold certified.

Colliers acted as advisor to the deal and leasing agent.

Marco Corti, Managing Director and Country Head Italy, Barings Real Estate, said: “This is the third successful deal for us within the same microlocation and reinforces our strength in delivering as a team through our on-the-ground approach. The asset was developed to an exceedingly high standard, fully let to prime tenant and consequently has secured excellent returns to investors with an exit ahead of the initial business plan. The logistics occupier market remains strong in Italy, especially in prime locations, and we will continue to look for similar investment opportunities with our partners across the region.”

Gunther Deutsch, Managing Director, Head of European Transactions and Country Head Germany Barings Real Estate, said: “This transaction further demonstrates our strong track record in Italy in the logistics sector. Appetite amongst investors remains high for European industrial and logistics, which is why it remains such a strong conviction sector for our value-add funds, alongside the living sector. As a result, we’re continuing to examine opportunities in this asset class on behalf of core, core-plus and value-add strategies across our preferred European markets.”

Contacts
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.

*As of September 30, 2025