Helical acquires London office building in £160m deal Dec 17, 2021 Helical plc, a leading UK real estate company specialising in the redevelopment and refurbishment of highly sustainable, best-in-class London office buildings has exchanged contracts to acquire from the vendor, 100 New Bridge Street Limited, the Guernsey incorporated single asset company, FPM 100 New Bridge Street Limited, that owns 100 New Bridge Street, London EC4, a […] Posted by: Mya Driver Read more
Helical agrees sale of 25 charterhouse square Mar 25, 2024 Helical plc has exchanged contracts on the sale of the long leasehold interest in 25 Charterhouse Square, London, EC1 to a Real Estate fund managed by global alternative investment manager, Ares Management (“Ares)”, for £43.5 million. The disposal price represents a 6.5% discount to the 30 September 2023 book value. Redeveloped by Helical in 2017, 25 […] Posted by: Mya Driver Read more
Helical and Baupost JV disposes of London asset for £16.5m May 24, 2022 Helical plc, a UK real estate investment trust (REIT) specialising in the redevelopment and refurbishment of highly sustainable, best-in-class London office buildings together with its joint venture partner Baupost Group, has exchanged contracts to sell 55 Bartholomew Close to a private European investor for £16.5m. The sale price reflects a net initial yield of 4.5% […] Posted by: Leon Newton Read more
Helical completes sale of its 50% interest in the JJ Mack building Nov 1, 2024 Helical plc has completed the sale of its 50% interest in Charterhouse Place Limited, the owner of The JJ Mack Building, London, EC1, to its joint venture partner, AshbyCapital, for £71.4m, with a minor dilution of 4p per share to the 31 March 2024 EPRA NTA. The transaction reflected a price of £139.2m for Helical’s 50% […] Posted by: Mya Driver Read more
Helical sells £7m asset to private investor Dec 5, 2024 Helical has sold its freehold interest in the Power House in Chiswick, London W4, to Riverside Capital’s private investor syndicate at 30 September 2024 valuation of £7 million, reflecting a net initial yield of 7.3%. The c. 21,000 sq ft property is let to Metropolis London Music Ltd for a further 19 years at a […] Posted by: Deividas Krupstas Read more
Helical signs contract to partner with Transport for London on commercial office portfolio joint venture Jul 12, 2023 Further to the announcement on 15 February 2023 that Transport for London (TfL)’s wholly owned commercial property company had selected Helical as its preferred investment partner for its sustainable commercial office portfolio across central London, contracts have now been signed confirming Helical as the joint venture partner. The partnership will see the delivery of new […] Posted by: Mya Driver Read more
Hilco Provides £13m Loan to Support Craftworks Development Jun 28, 2024 Specialist bridge lender Hilco Real Estate Finance has issued a £13m development exit loan to Craftworks, facilitating the completion of 24 luxury apartments in Denmark Hill, London. The development is noted for its visually appealing exterior and high sustainability standards. Sean Adams, managing director of HREF, remarked, “Having supported a number of development exits over […] Posted by: David Gilbank Read more
Hill Group partners with Harlow Council for regeneration Jun 19, 2023 A new public-private partnership has been launched which will deliver town centre and major housing regeneration in Harlow. Harlow Council and The Hill Group, one of the UK’s leading housebuilders, have joined forces to deliver a programme of new homes as part of the ambitious regeneration of the town. The Harlow Regeneration Partnership LLP is […] Posted by: Mya Driver Read more
Hill Proposes Over 1,600 New Homes for North London Aug 20, 2024 Hill, in collaboration with the United Colleges Group, has put forward a proposal to redevelop a site in North London, aiming to deliver 1,675 new homes. The comprehensive plan, which is currently under review, includes detailed proposals for 1,076 homes spread across 11 buildings ranging from 4 to 28 storeys at a site in Willesden. […] Posted by: Mya Driver Read more
Hines submits proposal for new mixed use destination in Bankside, central London Aug 7, 2023 Hines, a global real estate investment, development and property manager, working with architects Foster + Partners and consultants Lipton Rogers Developments, has submitted a planning application for a mixed-use project to develop 18 Blackfriars Road. The site sits in close proximity to the River Thames and is set among some of London’s best loved cultural […] Posted by: Mya Driver Read more
HMRC Secures Ownership of Croydon HQ for £115 million Jan 18, 2024 In 2017, HMRC relocated to the newly finished 1 Ruskin Square, a nine-storey building, securing a 25-year lease for the entire 180,000 sq ft structure. The recent transaction is part of the government’s initiative to broaden its property holdings and centralise its presence in various office hubs. A spokesperson from HMRC commented, “This acquisition provides […] Posted by: Mya Driver Read more
Hot Tip: Enfield Town Set for Transformation with Public Consultation Feb 14, 2024 Residents of Enfield Town have been invited to share their thoughts on the initial stage of an eagerly anticipated transformation of the area. The consultation is part of the ‘Enfield Town Liveable Neighbourhoods’ scheme. This project aims to rejuvenate the town centre with new public spaces, pedestrian crossings, junction improvements, and footpaths following a £6m […] Posted by: Mya Driver Read more
