Munich, 23 July 2026 – Deutsche Pfandbriefbank AG (pbb) is providing €42 million in refinancing for the Bad Hersfeld Ost logistics centre. The fully let, recyclable and easily subdivisible logistics property in Herleshausen is conveniently situated on the A4 motorway and offers a total floor area of around 72,000 square metres. The financing from pbb is being used by Barings to repay an existing development loan. 

Gerhard Meitinger, Head of Real Estate Finance Germany, commented following the closing of the deal: “We are delighted to be able to expand our exposure in the sought-after logistics asset class, in partnership with the renowned firm Barings. The property meets the very latest requirements for its users.”

Daniel Köhler, Head of European Real Estate Capital Markets at Barings, said: “We are delighted to be expanding our business relationship with pbb. In addition to traditional logistics, multi-tenant light industrial (MLI) is also a key investment focus at European level, and as such we are constantly seeking financing partners for logistics properties.”

About Barings

Barings is a global investment manager with US$502 billion* in assets under management, offering comprehensive investment solutions to institutional investors, insurance companies and wealth management clients, and supporting leading companies with flexible financing solutions. As a subsidiary of MassMutual, with a minority stake held by MS&AD, Barings aims to generate excess returns by strategically leveraging its global presence and expertise in the areas of credit, real assets, capital solutions and emerging markets.

*As at 30 June 2026