Barings, through its European value-add real estate strategy, has acquired a 18,482 square meters residential development project in Denmark from developer Catella, which will retain a minority stake in the project.
Barings has invested an unspecified amount to acquire Vega, a 269-unit residential project in Herlev, Copenhagen, marking its first real estate investment in Denmark.
The fund manager has been active since 2010 in the Nordics, where it currently manages €970 million in real estate.
Source: realassets.ipe.com on the 23rd of April