Barings purchases prime residential building in Paris

Barings has bought a fully-occupied, classic Parisian residential building at 35 Avenue de Suffren in the upscale 7th arrondissement for one of its European core real estate investment strategies.

35 Avenue de Suffren 

The 2,230 m2 metre property features 18 apartments and two retail spaces. It has been well-maintained with recent upgrades to its facade, roof, and heating system. Its traditional architecture, balconies, private garden, and concierge service add to its desirability.
Situated in a highly sought-after area of Paris, the building is very close to the Eiffel Tower and Champ de Mars. This neighbourhood is famous for its historical buildings, embassies, cultural sites, and proximity to major landmarks.
The district boasts a low vacancy rate of only 2.3%, and new construction permits have dropped by 38% over the past three years, indicating limited supply and strong long-term value.
Financial details of the transaction were not disclosed.
Guillaume Bieganski, managing director and country head France at Barings, said: “Prime real estate in the heart of the French capital remains an area of keen interest to us, whether that is for residential or commercial properties, and we are eager to explore opportunities on behalf of a range of investment strategies. It is the second acquisition completed within 1 month after the acquisition of the light industrial asset by Barings Real Estate across its equity platform in France, with its team based in Paris having been active across I&L, living and prime retail assets”
Gunther Deutsch, managing director, head of Real Estate Transactions Europe and Country Head Germany at Barings, added: “This acquisition marks our 10th living acquisition in 2025. So far we have invested a total of €580 mln into residential assets mainly into new residential developments be it BTR and BTS across our 9 jurisdictions. Residential will make up the most of our investment volume in 2025 and we are keep to further expand our residential exposure across our capital sources, be it from core to value add. The living sector – particularly build to rent, build to sell and purpose-built student accommodation – benefits from structural advantages in many European cities and, having deployed significant capital into the sector in 2025, fully expect to continue to do so throughout 2026.”
Advisors for Barings included Oudot, LPA Law, Etyo, Carb0n, and ANTEA. The seller was advised by the Office Notarial de La Plaine Saint-Denis and LPA Law. The sale was managed by Bridge Real Estate and Newmark. 
Barings continues to prioritise the residential sector in European real estate, having completed transactions for 2,500 units across Europe this year through various investment strategies.