Aviva provides €217m financing for UK logistics deal

Aviva provides €217m financing for UK logistics deal

Aviva Investors has provided a senior debt facility to Alberta Investment Management Corporation (AIMCo) & Canmoor, totalling €217m (£184.7m). The financing, which is secured over a five-year term, has been made on behalf of a combination of internal and external client mandates managed by Aviva Investors. The facility is a mixed fixed and floating-rate financing to support the acquisition of 16 high-quality UK industrial and logistics assets.

 

Gregor Bamert, Head of Real Estate Debt at Aviva Investors, said: “We are very pleased to provide this financing to AIMCo & Canmoor, particularly in sectors where we are positive about the potential for growth. Building a relationship with AIMCo & Canmoor who have a strong pedigree in these areas is an exciting opportunity for us given their growth ambitions and demonstrates the importance of working with the right partners."

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