Barings acquires logistics development site in Italy

Barings has acquired a large-scale logistics development site in Mantova Sud, northern Italy, on behalf of a European value‑add real estate strategy. 

The asset, held through an Italian real estate fund managed by Savills IM SGR, comprises approximately 145,000 sq m and will support the development of a new Grade A logistics facility.

The site has planning consent for the speculative development of c.67,000 sq m of high‑quality, sustainable logistics space. Located within the prime Verona logistics submarket, around 50 km south of Verona and 10 km south‑east of Mantova, the scheme is designed to meet a range of occupier requirements and can be divided into multiple units as a multi‑let facility. The area continues to benefit from strong occupier demand and limited availability of modern stock.

Occupying a prominent position with visibility from the A22 motorway, the site is just 1.5 km from the Mantova Sud tollgate. The A22 is one of Europe’s key logistics corridors, providing direct connectivity between northern Italy, Austria and Germany. The development will target LEED Gold certification and incorporate measures to minimise carbon emissions during construction.

Construction began in August 2026, led by a major general contractor, with completion scheduled for Q3 2027.
Marco Corti, Managing Director and Country Head Italy at Barings Real Estate, said Mantova has become one of Italy’s most attractive logistics markets. “Having successfully delivered and leased three schemes in this micro‑market, we have developed significant conviction in its long‑term prospects. This marks our 12th logistics transaction and 10th logistics development project in Italy, with further opportunities in the pipeline.”

Gunther Deutsch, Managing Director and Head of Real Estate Transactions Europe at Barings Real Estate, said logistics remains one of the firm’s core European convictions. “This transaction adds to our existing portfolio of 1.5 million sq m across 47 assets. Resilient occupier demand, limited modern stock and positive rental dynamics continue to create attractive opportunities in markets where we have strong local expertise.”