Barings completes sale of prime Italian logistics asset

Global real estate investment manager Barings has sold a brand-new, high-quality logistics warehouse in San Giorgio Bigarello, Italy. 

Logistics

The buyer is a German asset manager, and the sale was made on behalf of one of Barings' investment funds. This transaction successfully concludes Barings' initial plan for the property.
The 37,500 m2 warehouse, located in a desirable logistics area near the A22 motorway, was built between early 2024 and May 2025, meeting its schedule and budget. It was rented out to a significant international logistics company even before construction finished, achieving a higher rent than initially expected. 
The building also holds a LEED Gold certification for its environmental sustainability. 
Colliers advised Barings on both the sale and the leasing of the property.
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 a 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.”