September 30, 2026

Barings Acquires Cross-Dock Logistics Asset in Hanover, Germany

Barings, one of the world’s leading alternative investment managers, has acquired a strategically important cross-dock logistics asset comprising 58,000 sqm of lettable space in Hanover, Germany, on behalf of a core European real estate strategy.

The facility, which is let to a leading e-commerce parcel distributor, forms a key component of the occupier’s parcel distribution infrastructure in Northern Germany, serving as a critical hub within a nationwide logistics network that connects numerous regional depots supporting the movement of goods across the region. Located within one of Germany’s most important logistics corridors, the asset benefits from excellent connectivity and a high concentration of logistics and distribution occupiers.

The acquisition further expands Barings’ dedicated cross-dock strategy, which is focused on acquiring critical supply chain and distribution infrastructure in established, highly connected logistics locations. The asset is let on a strong covenant and benefits from embedded rental reversion, providing asset management opportunities to capture long-term income and value growth.

The investment builds on Barings’ successful acquisition of a DHL cross-dock portfolio completed earlier this year and further strengthens the manager’s presence within a highly specialised logistics segment. Cross-dock facilities are characterised by high barriers to entry, limited replacement opportunities and deep integration within occupiers’ operational networks, supporting their long-term relevance and demand.

The property already benefits from a solid ESG foundation and offers further opportunities for sustainability-led asset enhancement over the long term. The acquisition adds to Barings’ existing European portfolio of 1.5 million sqm across 47 assets in the logistics sector.

Sébastian Cavé, Managing Director, Real Estate and Country Head, Germany at Barings Real Estate, said:
“Cross-dock facilities represent a highly attractive segment of the logistics market, underpinning the efficient movement of goods through increasingly complex distribution networks. We continue to see compelling opportunities to acquire supply chain-critical logistics assets in established locations let to leading operators where strong occupier demand, operational importance, and high barriers to entry support long-term value creation.

“This acquisition aligns well with our investment strategy in Germany, which is focused on resilient sectors underpinned by strong structural and cyclical fundamentals. This includes various parts of the logistics market, multi-let industrial, residential for-rent, and the living sector more broadly. We believe the current market environment presents an attractive opportunity to deploy capital and are actively pursuing further investments across these sectors.”

Gunther Deutsch, Managing Director, Head of Real Estate Transactions Europe at Barings Real Estate, said:
"This acquisition reflects our continued focus on investing in high-quality logistics and multi-let industrial assets that play a critical role in modern supply chains across Europe. Alongside these sectors, our key investment themes continue to include the build-to-rent and build-to-sell sectors, as well as selective opportunities in PBSA, retail, and offices. We remain active across Germany, France, the Netherlands, the Nordics, Italy, Iberia and the UK, spanning the risk spectrum from value-add to core. In addition to core transactions with an angle, developer JVs and forward-funded opportunities remain areas of focus.”

For Barings
Polly Warrack/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 $502 billion* global alternative asset manager that partners with institutional, insurance and wealth clients and supports leading businesses with flexible financing solutions. The firm, a subsidiary of MassMutual with a minority investment from MS&AD, seeks to deliver excess returns by leveraging its global scale and capabilities across credit, real assets, capital solutions and emerging markets.

*As of June 30, 2026

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