Aviva and M&G back Urbanest with £100m refinancing

Urbanest Vauxhall

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.

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