Tag Archives: Aviva

Lone Star pays near £2.25bn for Project Churchill financed by Citi and Morgan Stanley

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Lone Star has paid approaching £2.25bn for one of the last major UK real estate loan portfolios, Aviva’s Project Churchill, secured by more than 1,000 commercial properties nationwide, edging out Apollo Global Management. Project Churchill’s total unpaid principal balance (UPB) … Continue reading

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Aviva selects three finalists to compete for £2.7bn Project Churchill UK loan portfolio

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Aviva has narrowed the search for a buyer for its final clean up trade of legacy UK commercial property loans in the £2.7bn Project Churchill portfolio, secured by just over 1,000 UK commercial properties, to three US private equity firms. … Continue reading

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Aviva prepares £2.5bn final clean up trade of legacy UK commercial mortgages

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Aviva is to launch its final clean up legacy commercial mortgage loans sale next week with the offer of a major £2.5bn UK portfolio sale, in a trade which is expected to achieve an above par sale price. The UK … Continue reading

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Four finalists selected for Aviva’s £400m Project Moon

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Aviva has selected a four-strong shortlist to acquire its circa £400m Project Moon UK direct secondary property portfolio. Apollo Global Management, Blackstone, Cerberus Capital Management and Kennedy Wilson have progressed through to the second and final round, CoStar News can reveal.  Project … Continue reading

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Big Yellow secures £100m 15-year Aviva loan

Big Yellow Group has agreed a new £100m, 15-year loan with Aviva Commercial Finance Limited secured against a portfolio of its centres in what is thought to be the first mortgage loan to the self-storage sector by an insurer, writes … Continue reading

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