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| Version 0 | Version 1 |
|---|---|
| Bank pull-out hits landmark plans | Bank pull-out hits landmark plans |
| (10 minutes later) | |
| Edinburgh's biggest real estate project in a decade has been put on hold after the developer went into administration. | |
| The £300m Caltongate development by Mountgrange Capital has faltered after the Bank of Scotland pulled out its financial support. | The £300m Caltongate development by Mountgrange Capital has faltered after the Bank of Scotland pulled out its financial support. |
| The bank has classified its loan as a "toxic asset". | The bank has classified its loan as a "toxic asset". |
| The development in the city's Old Town had attracted hundreds of objections from campaigners and heritage groups who said it did not fit with the area. | The development in the city's Old Town had attracted hundreds of objections from campaigners and heritage groups who said it did not fit with the area. |
| The Bank of Scotland has said it was unable to comment for reasons of confidentiality. | The Bank of Scotland has said it was unable to comment for reasons of confidentiality. |