The firm has acquired two logistics facilities in Norrköping and Jönköping, comprising approximately 93,800 square metres in total. The assets are well leased and strategically located within the Nordic logistics triangle, providing efficient connections to Oslo, Helsinki, Copenhagen and continental Europe via Sweden's southern transport corridor.

Barings has also financed a cold-storage facility and warehouse space totalling approximately 26,000 square metres, located in one of Sweden's most important food production regions.

Both the logistics and cold-storage assets benefit from excellent infrastructure, with close proximity to Sweden's E4 motorway, major ports and key population centres. The cold-storage facility is fully automated and demonstrates strong sustainability credentials, reflecting the growing importance of modern, energy-efficient infrastructure assets within food supply chains.

Sweden remains a priority market for Barings' debt strategies, with a particular focus on industrial assets supported by strong supply-demand fundamentals and favourable long-term demographic trends. Sweden continues to strengthen its position as a key hub for centralised logistics operations in Northern Europe, supported by its status as the largest market in the Nordic region.

The Swedish cold-chain logistics market is also expected to grow rapidly over the next five years, driven by evolving consumer preferences across the Nordics. Imported food products now account for approximately half of all food sold in retail stores, marking a shift away from the traditional preference for locally produced, heritage-based products.

Rupert Gill, Chief Executive Officer and Head of European Real Estate Debt Portfolio Management at Barings Real Estate, commented:

“These investments further strengthen and diversify our European real estate portfolio and demonstrate our continued appetite for supporting high-quality assets across the Nordic region. We remain focused on opportunities where the risk-return profile is underpinned by robust property-level fundamentals, resilient income streams and sectors benefiting from long-term structural growth. This reinforces our commitment to high-quality assets and our ability to provide clients with access to attractive investment opportunities.”