is selling a 拢2.5bn (鈧�3bn) portfolio of non-core properties in the UK.
The fund manager would not comment on media reports that the so-called Project Loch portfolio will go on sale next month.
Performing assets in administration and receivership form part of the portfolio, it is understood.
Deloitte, which would not comment, is mandated to find a buyer for the assets, with also advising.
, JP Morgan Asset Management bought Aviva Investors鈥� direct real estate investment platform.
The deal saw the take on Aviva Investors鈥� existing core and value-added real estate funds as well as Aviva鈥檚 operations in Australia, Japan and Singapore.
Around 16 Aviva staff in Hong Kong, Mumbai, Singapore, Shanghai and Sydney are transferring to JP Morgan Asset Management鈥檚 global real assets team.
The firm鈥檚 London office Mike Luscombe as lead manager of the Aviva Investors Property Trust (AIPT). Luscombe replaces Philip Nell, who has been appointed fund director at Hermes Investment Management.
, Aviva Investors鈥� real estate multi-manager joined 鈥檚 debut property debt fund.
