Aimco and Canmoor strike £185m funding deal

Institutional investor Alberta Investment Management Corporation and asset manager Canmoor have secured a £184.7m refinancing deal with Aviva Investors to fund their industrial acquisitions. The five-year mixed, fixed and floating-rate loan will be used to finance 16 industrial and logistics purchases.  Aviva agreed the deal on behalf of a combination of internal and external client mandates. Gregor Bamert, head of real estate debt at Aviva Investors, said the acquisitions will be made in “sectors where we are positive about the potential for growth”. AIMCo and Canmoor were advised by Savills’ debt advisory team. To send feedback, e-mail pui-guan.man@egi.co.uk or tweet @PuiGuanM or @estatesgazette