Tuesday, 19 January 2010

Aviva Raises 200 Million Pounds For Property Fund

Since their launch during November 2009, Aviva’s closed-ended UK Real Estate Recovery Fund has managed to raise an impressive £200 million from their commercial property investments.

To date they have bought 3 properties worth over £50 million in investments with a further 2 expected to near completion in the coming months.

With such figures to contend with, plus the sheer rate at which these properties are being bought, all signs point to the fact that the UK commercial property market is re-blossoming.


Speaking on their investment strategies, Aviva revealed that they are currently targeting low-risk assets which can be let to strong covenants on long term leases that are expected to be top performers in their sectors during 2010.

Of those they are hoping to target, their main audience will be institutional investors whom they believe will help them to be fully invested by the middle of 2010.

Taking all these elements into consideration, it is undeniable that Aviva’s property fund is well on its way to completing their mission. Everything appears to be in their favour…

The only real question remains is: will the commercial property market continue rising in value beyond the general election or will they too be impacted by the decision made that day?

Original Article

More About the Author

Image of Peter FranklinPeter Franklin, Property Mentor Delegate
I used to believe stocks and shares were the only way forward, yet after 15 years of property investing, neither of these can compare with the sheer velocity or impact that property investment can have on your bank account. Only with property can you truly experience the power of being in control of immediate cash flow AND capital appreciation. Stocks and shares simply cannot compete. Read more

No comments:

Post a Comment