November 24, 2025

Barings Agrees Forward Funding for Light Industrial Asset in Paris

Barings, one of the world’s largest diversified real estate investment managers, has acquired a light industrial asset in direct proximity of Charles de Gaulle Airport on behalf of a pan-European core real estate strategy from Sogelym Dixence, a leading French property developer.

Acquired in a speculative forward funding structure, the asset in the Demi-Lune business park in Roissy-en-France is an 18,788 sqm single-storey development of two buildings – one of 7,799 sqm and one of 10,989 sqm – which will be divided into 12 units of approximately 1,500 sqm each, comprising industrial and office space catered to the operational needs of SMEs. Construction is expected to be completed within 12 months of commencement and it is being developed to target a BREEAM Excellent certification. The project has been designed by A26 Architectures, the appointed architect for the scheme.

The scheme is approximately five minutes by car from Paris Charles de Gaulle Airport and benefits from excellent road access, including the A1 and N104 – La Francilienne within eight minutes, the A3 within 12 minutes, and the A86 in 27 minutes. These transport links offer direct connectivity to Paris, the Ile-de-France region, and northern Europe, making it ideal for logistics operations. The site also features strong accessibility via the RER B railway, providing access to Paris in 30 minutes, and a TGV station at the nearby airport hub that provides rail connections nationally and internationally (via Thalys and Eurostar).

Barings was advised by Oudot (notary), LPA Law (legal and tax), Etyo (Technical), Carb0n (ESG), JLL (commercial), and ANTEA (environmental). Sogelym Dixence was advised by Oudot (notary) and August Debouzy (legal). The transaction was marketed by Knight Frank.

Baring has signed a co-exclusive mandate for the commercialisation of the assets with CBRE and Arthur Loyd.

Both parties agreed not to disclose financial information.

Guillaume Bieganski, Managing Director and Country Head France at Barings Real Estate, said: “Boasting a prime location in an area of limited local supply, acquiring this asset at this stage in its development offered a compelling opportunity to work in partnership with Sogelym-Dixence, a reputable French developer, to create a Grade A multi-let industrial space in the Greater Paris market. The industrial & logistics sector in France as a whole is likely to outperform in the coming years, and this sub-market in particular benefits from a lack of land to develop and from the proximity to Europe’s largest air freight hub. It is the third transaction completed ,including sales of two assets, by Barings Real Estate across its equity platform in France so far this year, with its team based in Paris having been active across I&L, living and prime retail assets.”

Gunther Deutsch, Managing Director and Head of European Transactions at Barings Real Estate, said: “The acquisition is the sixth that Barings has completed in the industrial & logistics sector so far in 2025. This brings the total transacted in the I&L sector alone across acquisitions to €312m, with another two in the pipeline for a total €440m so far this year across a range of core, core-plus and value-add assets.

As with this forward funding transaction, we see significant potential in joint ventures with local developers across our preferred European markets (UK, France, Germany, Spain, Italy, Sweden, Denmark, Benelux), as well as in investments in existing quality assets.”

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.

*As of September 30, 2025

About SOGELYM DIXENCE
Sogelym Dixence is a privately held, family-owned group founded in 1974 by Jean-Claude Condamin, its current Chairman.

With offices in Paris, Lyon, and Geneva, the Sogelym Dixence group has developed over 1,700,000 m² of office buildings, laboratories, residential properties, and hotels to date.

To meet all of its clients' needs, Sogelym Dixence is involved in all aspects of real estate value creation and develops a comprehensive, customized approach through its three integrated areas of expertise:

  • Investment and Financing
  • Project Management
  • Asset Management and Operations

Sogelym Dixence has established itself as one of the leading national players, with a recognized market tagline : Sogelym Dixence, "Only Quality Lasts"

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