Barings is a $391+ billion* global investment manager sourcing differentiated opportunities and building long-term portfolios across public and private fixed income, real estate, and specialist equity markets. With investment professionals based in North America, Europe and Asia Pacific, the firm, a subsidiary of MassMutual, aims to serve its clients, communities and employees, and is committed to sustainable practices and responsible investment.
Socius has partnered with Barings on the award winning mixed use development, Soapworks. With a gross development value of £215 million, Soapworks will create a new district in Bristol city centre and will comprise two new buildings alongside the restoration of a Grade II listed former soap factory that dates back to the 1860s.
The scheme has planning consent for 154,000 sq ft of flexible office accommodation which will target a BREEAM ‘Outstanding’ rating and aim for net-zero carbon in operation, as well as 243 build-to-rent (BTR) apartments, 20% of which will be for affordable tenures, and 18,800 sq ft of flexible ground floor retail, hospitality and leisure space.
Barings and Socius share a long-term vision and commitment to creating sustainable mixed use destinations.