Salford development backed to tune of £113m by Aviva

Forward funding of £113m has been agreed for the development Two New Bailey Square in Salford. Aviva Investors, the global asset management business of Aviva plc, has agreed to finance the 187,241 sq ft building. The purchase was undertaken on behalf of the Lime Property Fund as part of its continued investments into high quality, long income real estate in the UK. The development, which is expected to complete by the end of 2019, is pre-let to Salford City Council on a 25-year lease subject to annual RPI-linked reviews capp... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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