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
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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.    

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