Barings completed the acquisition of 35 Avenue de Suffren.

Barings, an asset management firm, completed the acquisition of 35 Avenue de Suffren. Financial terms were not disclosed. “35 Avenue de Suffren with its proximity to the Eiffel Tower exemplifies the resilience of prime Parisian real estate. With its exceptional location, strong occupancy, and recent upgrades, the property aligns perfectly with our strategy to deliver stable returns and sustainable value for our investors. Prime real estate in the heart of the French capital remains an area of keen interest to us, whether that is for residential or commercial properties, and we are eager to explore opportunities on behalf of a range of investment strategies. It is the second acquisition completed within one month after the acquisition of the light industrial asset by Barings Real Estate across its equity platform in France, with its team based in Paris having been active across I&L, living and prime retail assets,” Guillaume Bieganski, Barings Managing Director and Country Head France.