Aviva Investors, the global asset management business of Aviva, has completed its £235m (€270m) loan facility with Lazari Investments, secured against a portfolio of prime London offices.
The loan, a five-year facility, will be used by Lazari Investments to refinance existing agreements and for further capital expenditure across its portfolio, the two companies said in a joint statement.
Aviva Investors and Lazari Investments have an outstanding relationship of more than 35 years, they added.
Gregor Bamert, head of real estate debt at Aviva Investors, said: “This agreement reflects a significant uptick in occupational and investor interest in the prime London office market and is a sector we expect to be a key focus of our strategy going through 2026 and beyond.”
Nicholas Lazari, director at Lazari Investments, echoed Bamert’s sentiments. “As well as refinancing part of our debt, the transaction shows our ongoing commitment to a continued investment in both our Aviva charged property assets, and the wider Lazari portfolio,” he said.
“We are now well progressed on our path to having a mature portfolio full of best in class and super prime assets, underpinned by outstanding sustainability [matrices].”
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