Barings, through its European real estate debt strategies, has provided separate financing packages for a logistics portfolio and a cold-storage facility in Sweden.
Barings said it has issued a debt facility against a 93,800sqm portfolio of logistics warehouses in Norrköping and Jönköping, and has also financed a 26,000sqm warehouse and cold storage facility located in one of Sweden’s primary food production regions.
Both the logistics and cold storage assets benefit from infrastructure connectivity, with proximity to Sweden’s E4 motorway, ports and key population centres, the manager said.
Rupert Gill, managing director, head of European real estate debt portfolio management at Barings Real Estate, said: “These debt investments further strengthen and diversify our European real estate debt portfolio and demonstrate our continued appetite to support high‑quality assets in the Nordics.
“We are particularly focused on opportunities where the risk‑return profile is supported by robust underlying asset‑level fundamentals, resilient income streams and sectors benefiting from long‑term structural growth. This underlines our continued focus on high-quality assets and our ability to offer clients access to compelling investment opportunities.”
To read the latest IPE Real Assets magazine click here.
