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Aviva Capital Partners

Aviva plc has been established for over 325 years and is a FTSE 100 partner with a market cap of over £11bn and has over £405bn of group assets under management.

Our joint venture is with Aviva's in house capital unit, Aviva Capital Partners, with additional funding from Aviva Investors.

Aviva Capital Partners

As a newly formed Aviva subsidiary, ACP is already underway on projects with Moda in Birmingham, Socius in Sutton and Stories in Barnet. The ACP team have worked on the leading public-private partnerships at L&G, Liverpool and Homes England.

Aviva Investors

Aviva Investors (AI) is Aviva’s asset management business. £5bn of its £49bn real assets investment are in real estate long income with a range of public and private sector partners.

Our partnership with Aviva Capital Partners has been created to deliver purposeful property development projects. Our partnership is funder and developer for the full lifecycle of a development project and is mostly focused on institutional, public and private sector partners.

Our joint venture is designed to unlock and facilitate development with meaningful social and environmental benefits and to create better outcomes and greater value for landowners and their communities.

We are currently delivering our first project with Aviva in London Borough of Barnet, which will see the delivery of new build to rent homes with 50% affordable housing and long-term income to Barnet Council.

What we offer

An experienced development partner. 

We are an aligned, experienced and purpose-driven developer, with you from day one and caring about your outcomes.


We provide a fully integrated funding model covering planning, construction and long-term investment. With a lower overall cost of capital, we can unlock more value for our partners and the communities we work in. 

Value for money

We tender all our construction contracts to ensure you are getting best value for money, and the right product.

The benefits to you

Full development risk transfer

All resourcing, planning and construction risk is taken on by us.

Best Consideration

We ensure that the project meets or exceed best consideration tests at each stage.

Maximum social value

The extra value created by our model gives you the best chance to meet your wider corporate and social objectives.

What we need

Long term income opportunity

Our focus is on projects that will benefit from our integrated funding model. These tend to be projects that can show a route to long term income for our investors.

Alignment between parties

We will only work on projects where we see a commitment to partnership working and where there is an interest in securing outcomes beyond just financial returns.

Aviva and Stories are purpose-led organisations with a mandate to deliver social outcomes alongside profit. Our joint venture is run by an experienced team with a track record of delivery in both the public and private sectors.

Sophie White

Aviva Capital Partners

Sector Lead (Regeneration)

Sophie leads the regeneration team at ACP, with key projects including development of the London Cancer Hub. Sophie was previously a Director of Infrastructure Funding at Homes England.

Paul Clark


Co-founder and CIO

Sophie leads the regeneration team at ACP, with key projects including development of the London Cancer Hub. Sophie was previously a Director of Infrastructure Funding at Homes England.

Richard Meier


Co-founder and CEO

Richard is CEO of Stories. Formerly, Richard was a partner at Argent where he delivered major projects at King's Cross and Brent Cross Town. Richard is also a non-executive director of Cambridge University’s Property Board.

Philippa Iley

Aviva Capital Partners

Head of Investment Strategy

Philippa works in the ACP team, across a number of Real Estate and Infrastructure development projects. Philippa has worked at Aviva for 12 years.

Mark Wells

Aviva investors

Fund Manager

Mark is responsible for creating investment opportunities for Aviva Investors’ long income real estate funds, with a focus on Central Government, local authorities, the NHS and universities.

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James Scott


Co-founder and COO

James runs operations at Stories. Before setting up Stories, James was a partner at developer The Collective where he helped deliver and operate major co-living projects as well as innovative projects such as Pop Brixton.

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