The assets are located in established UK distribution locations and are fully let to occupiers on long leases. In Bristol (Avonmouth), the property comprises two logistics units totalling approximately 329,000 sq. ft.  The property in Daventry comprises a 238,543 sq. ft warehouse built in 1997 and located in the UK’s logistics “Golden Triangle”. In Warrington, the asset totals 128,543 sq. ft and was built in 1996, with refurbishment completed in 2018. In Nottingham, the property comprises a 113,168 sq. ft warehouse on Sherwood Business Park, with direct access to the M1.

Barings was advised by ACRE Capital Partners. Cushman & Wakefield acted for Copley Point Capital and Sixth Street.

Darren Hutchinson, Managing Director and Head of UK Transactions at Barings Real Estate, said: “This opportunistic sale is a good example of a strong sale discipline, realising a healthy profit in a relatively short hold-period, having successfully increased income by 20 per cent.  This transaction is a catalyst to enable us to implement our strategy to deepen and further diversify our industrial / logistics exposure by targeting more multi-let assets.”

Gunther Deutsch, Managing Director and Head of European Transactions and Country Head Germany at Barings Real Estate, said: “This transaction highlights our ability to execute disposals in line with our asset management strategies and to realise value on behalf of our investors. Including this transaction,  we have already concluded a sales volume of €380m in logistics in 2025. With nearly €2bn of capital to deploy in 2025, we are actively looking to reinvest into logistics, living (PBSA/BTR/BTS) and selective office assets, preferably with value add or core + characteristic across our core geographies, including the UK, Germany, France, the Netherlands, the Nordics, Spain and Italy.”

Contacts
Ben Monteith/Tom Carnegie (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 www.linkedin.com/showcase/barings-alternative-investments.

About Barings
Barings is a $442+ 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 March 31, 2025