Aviva Investors provides real estate financing across three office acquisitions

(London) – Aviva Investors, the global asset management business of Aviva plc (‘Aviva’), announces that it has provided a senior debt facility towards the purchase of three office assets across the UK.

Office building

The financing, a five-year fixed-rate loan, is being made on behalf of external client mandates.

Situated in Hamilton, Scotland, Aztec West, Bristol, and Chertsey, Surrey, the buildings are predominantly let to investment-grade tenants, including Samsung Electronics, Scottish Power and EE. Scottish Power and EE occupy the Hamilton and Bristol sites respectively, with the Chertsey asset housing Samsung Electronics and a workplace solutions provider.

Gregor Bamert, Head of Real Estate Debt at Aviva Investors, said:

“We are pleased to be building new borrower relationships, expanding our successful relationship with M7 and finding opportunities to extend our lending programme, despite the challenging environment. We believe that opportunities continue to exist in the market, particularly when lending against good assets with high-quality tenants in place. As such, this deal should deliver good performance for our investor clients as part of the overall portfolio. It also represents our first transaction with Kamco acting as sponsor and we look forward to expanding our relationship in due course.”

M7 acted as asset manager and investment advisor for the facility.

Need more information?

Contact the real estate finance team for loans of £5m or more.

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Aviva Investors

Aviva Investors is the global asset management business of Aviva plc. The business delivers investment management solutions, services and client-driven performance to clients worldwide. Aviva Investors operates in 14 countries in Asia Pacific, Europe, North America and the United Kingdom with assets under management of £346 billion in assets as at 30 June 2019.

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