Aviva and M&G back Urbanest with £100m refinancing
Aviva Investors and M&G Investments have provided a £100m refinancing to Urbanest, primarily against its Vauxhall student accommodation scheme.
Each lender has provided £50m extending their existing £350m investment facility with Urbanest. The new facility is a 50/50 bilateral agreement with funds managed by Aviva Investors and M&G Investments, maturing in mid-2027 …