Aviva Investors recognised at Real Estate Capital Awards

(London) – Aviva Investors, the global asset management business of Aviva plc, has been recognised at the annual Real Estate Capital Awards*, placing first in the ‘Sustainable Financing Deal of the Year – Europe’ category.

The award was made in relation to a £57 million sustainable transition loan provided to Urban Logistics REIT plc in August 2023. The loan, secured against a portfolio of ten logistics assets across the UK, represented the fifth financing made since the two businesses established a lending relationship in March 2021.

It also included a commitment from Urban Logistics REIT to undertake sustainability improvements across the ten assets being lent against, as well as 23 additional properties from previous tranches of financing, bringing the entire lending programme between the two businesses into alignment with Aviva Investors’ Sustainable Transition Loans framework.

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

“We are very pleased to have been recognised at this year’s Real Estate Capital Awards. This is a positive reflection of how our investor clients and borrowers have engaged with our Sustainable Transition Loans framework since its launch at the end of 2020, with well over £1bn sustainability-linked lending completed since. Urban Logistics REIT has been well aligned with our sustainability focus and we look forward to seeing further climate-related improvements as they work with tenants and invest for the future.  We will keep challenging ourselves, and our clients, as the programme grows alongside our understanding of how best to continue incorporating these considerations into our investment activities.”

For more information contact:

Steve Ainger

Head of Media Relations

James Morgan

Media Relations Manager

Important information

The information and opinions contained in this document are for use by the financial press and media only. No reliance may be placed for any purpose on the information or opinions contained in this document nor should they be seen as advice.

The press release is provided on the basis that Aviva Investors Global Services Limited is not causing the communication of a financial promotion under exemption of the Financial Promotion Order, as Aviva Investors Global Services Limited has no control over the way in which an article based on this press release is prepared and published by the financial press and media.

Except where stated as otherwise, the source of all information is Aviva Investors Global Services Limited (“Aviva Investors”) as 21 September 2023. Unless stated otherwise any views, opinions expressed are those of Aviva Investors. They should not be viewed as indicating any guarantee of return from an investment managed by Aviva Investors nor as advice of any nature. The value of an investment and any income from it may go down as well as up and the investor may not get back the original amount invested.

Issued by Aviva Investors Global Services Limited, registered in England No. 1151805. Registered Office: St Helen’s, 1 Undershaft, London, EC3P 3DQ. Authorised and regulated by the Financial Conduct Authority.

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 £218 billion in assets under management as at 30 June 2023..

AVIVA PLC

Notes to editors:

·        We are one of the UK’s leading Insurance, Wealth & Retirement businesses and we operate in the UK, Ireland and Canada. We also have international investments in India, China and Singapore.

·        We help our 18.7 million customers make the most out of life, plan for the future, and have the confidence that if things go wrong we’ll be there to put it right.

·        We have been taking care of people for more than 325 years, in line with our purpose of being ‘with you today, for a better tomorrow’. In 2022, we paid £23.2 billion in claims and benefits to our customers.

·         Aviva is a market leader in sustainability. In 2021, we announced our plan to become Net Zero by 2040, the first major insurance company in the world to do so. This plan means Net Zero carbon emissions from our investments by 2040; setting out a clear pathway to get there with a cut of 25% in the carbon intensity of our investments by 2025 and of 60% by 2030; and Net Zero carbon emissions from our own operations and supply chain by 2030.  Find out more about our climate goals at www.aviva.com/climate-goals and our sustainability ambition and action at www.aviva.com/sustainability

·         While we are working towards our sustainability ambitions, we acknowledge that we have relationships with businesses and existing assets that may be associated with significant emissions. More information can be found at https://www.aviva.com/sustainability/climate/

·         Aviva is a Living Wage and Living Hours employer and provides market-leading benefits for our people, including flexible working, paid carers leave and equal parental leave. Find out more at https://www.aviva.com/about-us/our-people/

·         As at 31 December 2022, total Group assets under management at Aviva Group were £352 billion and our estimated Solvency II shareholder surplus is £8.7 billion. Our shares are listed on the London Stock Exchange and we are a member of the FTSE 100 index.

·         For more details on what we do, our business and how we help our customers, visit www.aviva.com/about-us  

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Aviva Investors Global Services Limited

St Helen’s, 1 Undershaft, London, EC3P 3DQ

Phone          +44 (0)20 7809 6000

Fax                +44 (0)20 7489 7940

Web              www.avivainvestors.com

Email           info@avivainvestors.com

 

Issued by Aviva Investors Global Services Limited, registered in England No. 1151805.

Registered Office: St Helen’s, 1 Undershaft, London, EC3P 3DQ. Authorised and regulated by the Financial Conduct Authority and a member of the Investment Association.

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