Barings exits £100m UK logistics portfolio in off-market deal

Barings, the US investment management firm, has sold a portfolio of four logistics assets in England to joint venture partners Copley Point Capital and Sixth Street in an off-market transaction valued at around £100 million. The sale is part of Barings’ European strategy to dispose of fully let, mature properties and reinvest in new opportunities across the region.

The portfolio includes assets in Bristol, Daventry, Warrington and Nottingham, all located in established UK distribution hubs. In Avonmouth, Bristol, the sale covers two logistics units totalling around 30,565 sq m. The Daventry warehouse spans 22,165 sq m and is within the Midlands’ “Golden Triangle,” a prime logistics corridor. The Warrington asset, offering 11,940 sq m, was built in 1996 and refurbished in 2018.

The Nottingham property provides 10,515 sq m within Sherwood Business Park, with direct access to the M1 motorway. It is leased to Rolls-Royce.

Copley Point Capital is a UK-based real estate investment manager focused on logistics and industrial assets. Sixth Street is a US-headquartered global investment firm active across multiple asset classes, including real estate and credit. The two firms have an established UK logistics partnership and now control several industrial assets totalling around 232,260 sq m, following their March 2025 acquisition of three additional sites covering 83,615 sq m.

Warrington warehouse sold.

Barings was advised by ACRE Capital Real Estate, while Cushman & Wakefield acted on behalf of the buyers. The transaction reflects Barings’ ongoing strategy of disposing of stabilised assets and redeploying capital into new logistics investments across Europe.

“This transaction demonstrates the continued appetite for institutional-grade logistics assets in the UK,” Barings said. “We remain active in the sector across our core and value-add platforms.”

Barings is a global investment manager with over $421 billion in assets under management as of March 2025. It is a wholly owned subsidiary of Massachusetts Mutual Life Insurance Company (MassMutual).