The opportunity

Landmark City of London Office Development Opportunity.
Situated in the heart of Aldgate, the key link in London’s ’Growth Belt’. Historically centred around Silicon Roundabout, London’s innovation and creativity hub now stretches from King’s Cross, through Shoreditch, Aldgate and towards the south-eastern City fringe.
To be held on a new 500-year lease geared to 5% of rents receivable subject to a minimum rent payable during development.
60 Aldgate is part of a wider development that includes the Canopy by Hilton and The Haydon, respectively providing hotel and residential facilities.
The scheme will comprise c. 250,390 sq ft (23,262 sq m) NIA of newly developed and highly sought after office accommodation in an under supplied, yet highly desirable part of London.

Designed by ACME architects with a ‘Best in Class’ professional team, progressed to Stage 3 design including agreed structural solutions with Transport for London ‘TfL’.
The site has been fully assembled with all land required to enable the development now in the ownership of 4CM2 Limited and TfL.
A surrender of the air rights over part of the development has been agreed and documented from London & Continental Railways.
Conditional agreement exchanged with TfL in November 2022 for a 2-year option. Development Agreement and Agreement for Leases and associated documents all appended in an agreed form.
A deed of variation to the s106 has been entered into with the City of London Corporation to ‘separate’ the office site from the wider estate.
Offers are sought for 100% of the shares in the vehicle that will own the Long Leasehold interest in 60 Aldgate.