Berkeley opens up Aldgate – London

Tony Pidgley’s Berkeley Group has completed one of the largest bank-led development deals of the downturn, buying the Goodman’s Field site in Aldgate on the edge of the City of London.

Berkeley has bought the seven acre site, the largest in the City or City fringe to change hands for many years, for an undisclosed sum from receiver BNP Paribas Real Estate.

It has planning consent for 754 homes, 601 student beds, a 337-bedroom hotel and 107,640 sq ft of office and retail space …

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