Business Weekly newspaper on LinkedIn: A high profile Cambridge property development is being used as collateral…

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Summary

It is the first Real Estate Debt investment to be made by Aviva Investors MSPD LTAF since its launch last November. The facility is secured against the nine-property Journey Campus at Castle Park in Cambridge totalling around 125,000 sq ft of traditional and fitted office space. Brydell is transforming the campus into a mixed-use innovation hub and range of life science laboratories through a series of phased refurbishments, providing facilities for university spinout companies and early-stage startups. Sima Kotecha, Head of High Yield Strategies, Real Estate Debt, at Aviva Investors, said: We are pleased to establish a relationship with Brydell. No.5 Journey Campus is complementary to the recently launched Co-Labs by journeyre and builds on the successes weve seen to date.

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Amount $51.9M Total raised
Date March 6, 2025 Announcement date
Investors - Lead investors
Company https://brydellpartners.com Funded company

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$1M to $5M