Irish investor/developer Aldgate Developments has announced successful funding for the speculative construction of its Aldgate Tower project
The building is set to be one of the largest and most significant office buildings on the east side of the City and will be one of the focal points for the ongoing mixed-use regeneration of the locality.
The 317,000 sq ft, 17 floor building will offer floor plates of 20,000 sq ft upon projected completion in Autumn 2014. The end value of the development is expected to be c. £200m.
The loan capital has been provided by Helios and GWM.
For further discussion, please contact either David Alcock (dsa@newtonperkins.com) or Chris Sutcliffe (crs@newtonperkins.com).
