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Transactions - FEBRUARY 28, 2022

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Aviva and Allianz partner up for €597m office developments

by Released

Aviva Investors has formed a joint-venture partnership with Allianz, managed on its behalf by Allianz Real Estate, as part of its ongoing development project of new mixed-use retail and office buildings at 1 Liverpool Street and 101 Moorgate in London.

The partnership will see Aviva Investors and Allianz Real Estate develop the two buildings, with a  gross development value (GDV) of approximately £500 million (€595 million/$670 million), which together sit at the heart of the Crossrail development site in London, bookending the eastern and western entrances of the new Elizabeth line station at Liverpool Street station, 

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