Barings has acquired an existing industrial asset in Sweden, on behalf of a US insurer, which will be demolished and transformed into a 262-unit residential complex.
Barings said it has agreed to buy the 12,500-square-metre residential project in Åkersberga, Greater Stockholm, which will comprise nine buildings.
The project, managed by partner Innovation Properties, has the necessary approvals to begin construction, with phased completion scheduled from mid-2027 to mid-2028.
Source: realassets.ipe.com on 10 November 2025
https://realassets.ipe.com/news/barings-acquires-stockholm-industrial-for-262-unit-residential-conversion/10133591.article