AIMCo and Canmoor sign €216m loan with Aviva for UK logistics deals

Aviva Investors, the global asset management business of Aviva), has provided a senior debt facility to Alberta Investment Management Corporation (AIMCo) & Canmoor, totalling £184.7 mln (€216 mln).

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.'

AIMCo & Canmoor were advised by Savills debt advisory.

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