Aviva Investors Lime Property Fund purchases Bath student accommodation
As part of the transaction, the Fund has simultaneously entered into a 27-year lease agreement with the University of Bath, which included annual CPI rent reviews, collared and capped at 0 per cent and 6 per cent respectively. Situated on Green Park Road, Green Park House offers 461 units of student accommodation arranged over six floors and four different room types. In keeping with Aviva Investors’ commitment to achieving net-zero across the entirety of its Real Assets portfolio by 2040...