Aviva Investors to issue second property payment on 18 Oct

Based on value of 18 Oct

Kathleen Gallagher
clock • 1 min read
The Aviva Property fund issued its first payment on 6 Aug

The Aviva Property fund issued its first payment on 6 Aug

Aviva Investors has confirmed it will be issuing the second payment on its closed property funds, based on the value of 18 October, according to a letter seen by Investment Week.

The trade will also be placed on that date. The estimated percentage is 10% of net asset value (NAV) at 19 May, with settlement "as standard T+4". Aviva Investors UK Property to close on liquidity and performance concerns As of the end of August the Aviva UK property fund held £370.5m, 12.4% of which was in cash and there were 10 assets.   Investors received the first payment on 2 August.   Aviva Investors has been contacted for further comment.    

To continue reading this article...

Join Investment Week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week


More on Property

David Coombs, head of multi-asset at Rathbones Unit Trust Management

Rathbones' Coombs: Multi-asset funds 'called it right' but unable to combat hardship

Rathbone Multi-Asset Strategic Growth

clock 05 August 2022 • 3 min read
Deep Dive Property: Not the same situation as 2008

Deep Dive: Property markets in this recession are not like 2008

Property acting more like a bond

clock 05 August 2022 • 5 min read
GMAP Dynamic also received a red rating

Property fund raises red flags at Royal London

Assessment of Value report

James Baxter-Derrington
clock 04 August 2022 • 2 min read