The acquisitions are the first seed assets acquired by Barings under the A$100m mandate awarded by Brighter Super in 2024. The mandate is focused on procuring a diversified portfolio of high-quality income-producing industrial assets across Queensland, including major metropolitan and regional markets. The mandate forms part of Brighter Super’s Queensland Investment Strategy, which will see an additional A$500 million invested in Queensland in the next three to five years.

The newly acquired assets in Berrinba and Archerfield are home to Australian businesses including Total Logistics Solutions (logistics provider for some of Australia’s biggest retailers), and Roses Only (floral retailer).

Brighter Super, a Queensland-based superannuation fund with 280,000 members and managing over A$35 billion, is a long-standing investor client of Barings Real Estate in Australia. Over their 15-year partnership, Brighter Super has invested in multiple vintages of the multi-sector Value-add Fund Series since its inception in 2010. Brighter Super is also an investor in 154 hectares of land on the Gold Coast, originally acquired in 2017 and now managed by Barings. The site is leased to Village Roadshow Theme Parks and includes Warner Bros. Movie World, Wet ‘n’ Wild, Top Golf, Paradise Country, Australian Outback Spectacular, and Village Roadshow Studios.

Paul Notaras, Executive Director, Investment Management at Barings Real Estate Australia said,

“Barings is pleased to execute on this Queensland focused investment strategy on behalf of one of its longest standing and respected investor clients. The fundamentals supporting long-term tenant demand for industrial and logistics assets in Queensland remain strong and the area is benefiting from a diversified economy, overseas and interstate migration, and significant state infrastructure spending on rail, road, metro networks, hospitals, and airport upgrades. The 2032 Brisbane Olympics is also driving growth in transport and warehousing demand, fueled by increased development activity.”

Kate Farrar, Chief Executive Officer at Brighter Super said,

“This partnership highlights Brighter Super’s strong commitment to Queensland through our Queensland Investment Strategy. With over 85% of our funds under management from members living in Queensland, we believe that investing in Queensland assets has the potential to deliver strong long-term returns for our members while supporting local communities and economic growth for the state.”

The assets were brokered by Colliers (Archerfield), and Savills (Berrinba).

Property Details:

• 116-130 Gilmore Road, Berrinba, Queensland
• 576-584 Boundary Road, Archerfield, Brisbane, Queensland

About Barings
Barings is a US$456+ 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.

*Assets under management as of June 30, 2025

About Brighter Super
Brighter Super is a 100% member-owned, Queensland-based superannuation fund with over 280,000 members, managing more than A$35 billion* in retirement savings, as of 30 June 2025. Following the merger of LGIAsuper, Energy Super, and the acquisition of Suncorp Super, Brighter Super is proudly the fourth largest non-government financial institution* in Queensland. The fund is dedicated to being right by members’ sides, empowering them to retire confidently with advice, focusing on solid performance and low fees.

*Based on assets under management of non-government financial institutions in Queensland.

Contacts
Helen Sanderson
Director, Marketing
helen.sanderson@barings.com
T: +61 477 350 448