Aviva Commercial Finance lends over £3 million to fund medical centre in Salford

Article date: 4 July 2013

Aviva Commercial Finance is pleased to announce that it has provided a £3.25 million loan to clients of Oakdeane Investments Limited to purchase a medical centre in Ordsall, Salford. The property forms part of Oakdeane’s extensive medical property portfolio of 32 medical centres around the UK.

The recently developed medical centre is close to the Salford Quays regeneration area and serves those living in and around Ordsall and Salford Quays.

Kevin Sale, commercial finance director at Aviva, said: “We’re delighted to have been able to provide finance to clients of long-term customer Oakdeane Investments Limited to fund the purchase of this medical centre. Aviva Commercial Finance provides long term, fixed rate debt across a number of sectors and this scheme represents a good long term investment for Aviva and our customer.”

Sanjiv Jagsi of Oakdeane Investments Limited, said: “Oakdeane was set up to secure and deliver quality property investments for its clients. We provide a turnkey facility for our clients whereby we source, fund, deliver and manage investment property on their behalf. We continue to invest in quality property and the medical centre at Ordsall represents a great investment and is the largest single purchase that we have been involved with to date.“

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If you are a journalist and would like further information, please contact:
Melissa Loughran: Aviva Press Office: 01904 452791: 07800 691947: melissa.loughran@aviva.co.uk

For any other enquiries please contact: Zoe Slater: PPP Manager: 01603 689977: zoe.slater@aviva.co.uk     

Notes to editors:

Aviva provides insurance, savings and investment products to 34 million customers worldwide.

We are the UK’s largest insurer with over 14 million customers and one of Europe’s leading providers of life and general insurance. We combine strong life insurance, general insurance and asset management businesses under one powerful brand. We are committed to serving our customers well in order to build a stronger, sustainable business, which makes a positive contribution to society, and for which our people are proud to work.

Aviva Plc is in the top 10% of socially responsible companies globally in the Dow Jones Sustainability World Index.  In 2012 we invested £5.7m into our UK communities. One in three of our employees were involved in community investment activities which included giving nearly 30,000 hours.

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