Barings, one of the world’s largest diversified real estate investment managers, on behalf of a core European real estate strategy, has acquired a portfolio of four multi-let urban logistics properties across the south east of England for £145.2 million from Blackstone.
Known as the Access portfolio, the assets are located in Basingstoke (Tyson Park), Bracknell (The Sterling Centre), Welwyn Garden City (Centrapark) and Milton Keynes (Stratus Business Park). In total, the portfolio includes 28 units spanning 746,795 square feet, with occupancy in excess of 90%.
All four estates are located in the South East sub-market and within an hour’s drive of London. The South East benefits from favourable demand-supply dynamics due to limited availability of land for development and occupiers being priced out of London.
DTRE advised Barings. JLL acted on behalf of Blackstone.
Source: barings.com on the 16 June 2025
https://www.barings.com/en-us/guest/contact/media/news/barings-acquires-urban-logistics-portfolio-for-145-2m-from-blackstone