Barings buys Vefa Canopy office development from developer Nexity Immobilier d’Entreprise. : Barings Real Estate has made its first office deal in France with the acquisition of a development on behalf of institutional investors for an undisclosed. The real estate investment manager is buying Vefa Canopy office development in Pré Saint Gervais bordering Paris as part of a pan European core investment strategy from developer Nexity Immobilier d’Entreprise. The development will comprise around 6,500sqm of office space across three floors, along with a basement that has parking for 74 cars.