Aviva Investors Real Estate Finance has completed a £9.36m deal with Bridges Fund Management on Castle House in Leeds

Aviva Investors, the global asset manager business of Aviva plc, has agreed a 5-year, fixed-rate loan with Bridges Fund Management for Castle House office building, which is let to the Government.

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The asset benefits from undoubted income during the loan term and, whilst some re-positioning of the asset is likely in the medium term, it is well located in a strong regional city.

Gregor Bamert, Head of Real Estate Finance, Aviva Investors, said:

“We are delighted to establish a lending relationship with Bridges Fund Management, an experienced sponsor with strong ESG credentials and an ethos very much aligned with Aviva Investors. This debt deployment is a good example of our appetite for lending in strong regional locations”.

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RA19/0168/01022020