Barings, an asset manager, agreed to acquire a logistics project in Gothenburg from NCC, a construction services provider. Financial terms were not disclosed. “Arendal is in a prime location, which will be strategically important to us due to its close proximity to both the largest port in the Nordics and local highway network. We are delighted to be able to again cooperate with NCC, this time in the construction of our logistics building," Gunther Deutsch, Barings Head of Transactions Europe and Managing Director.