Aviva back Imperial

Aviva Investors is heading back to White City to back a new Imperial College development as part of the Imperial West campus development.

Aviva sold the former Dairy Crest site to Imperial two years ago. It has now agreed to back the 248,000 sq ft Translation Building which is to be used by Imperial Bioincubator.

According to reports, Aviva’s £150m investment is significantly higher than the asking price originally sought by Imperial’s development partner Voreda.

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