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Aldgate secures rare £85m speculative loan for £200m City tower

Aldgate Developments, a privately-controlled Irish developer and investor, has secured an £85.5m two-and-a-half-year development loan from Helios Capital and GWM Group for the speculative construction of Aldgate Tower in the City of London, CoStar News can reveal.
By James Wallace
January 21, 2013 | 7:35 P.M.

This is one of the first speculative developments loans since the global financial crisis for the planned 317,000 sq ft, 17-storey tower at 10 Whitechapel High Street with a projected end value of £200m.

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