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  5. Helical partners with Transport for London on office development

Pin to quick picksHelical Bar Share News (HLCL)

Helical Bar Information

Share Price Information for Helical Bar (HLCL)

London Stock Exchange
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Share Price: 229.50
Bid: 230.00
Ask: 242.50
Change: -8.00 (-3.37%)
Spread: 12.50 (5.435%)
Open: 237.00
High: 237.50
Low: 229.50
Prev. Close: 237.50
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Helical partners with Transport for London on office development

Wed, 12th Jul 2023 08:48

(Alliance News) - Helical PLC on Wednesday said it has signed a contract to partner with Transport for London on a commercial office portfolio joint venture.

Back in February, TfL's commercial property company selected Helical as its preferred investment partner for a sustainable commercial office portfolio across central London. With the contracts now signed, Helical is confirmed as the joint venture partner.

The partnership will see the delivery of new office space above or close to London Tube stations. It currently consists of three new commercial office developments at Bank, Paddington and Southwark, totalling around 600,000 square feet.

Helical is a London-focused property investment and development company. Shares in the firm were down 0.6% at 265.00 pence on Wednesday morning in London.

By Heather Rydings, Alliance News senior economics reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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6 Apr 2023 09:01

Helical rent collection rises as further lettings completed

(Alliance News) - Helical PLC on Thursday said it has completed five new lettings totalling 45,908 square feet, worth contracted rent of GBP4.1 million from October 1 to April 5.

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15 Feb 2023 14:35

IN BRIEF: Helical partners with Transport for London for Tube stations

Helical PLC - London-focused property investor and developer - Selected as the preferred investment partner for Transport for London's wholly-owned commercial property company, TTL Properties Ltd, subject to contract negotiations and a 10-day standstill period.

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6 Jan 2023 15:52

UK dividends calendar - next 7 days

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LONDON BROKER RATINGS: Jefferies cuts PageGroup but keeps Hays at buy

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday afternoon:

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24 Nov 2022 15:45

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Helical interim profit and revenue down but lifts dividend

(Alliance News) - Helical PLC on Tuesday said its profit and revenue fell in its first half, but added it is seeing "strong demand" for its office space.

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Helical and Ashby Capital let London office space to Partners Group

(Alliance News) - Helical PLC and Ashby Capital have let the sixth and seventh floor of the JJ Mack Building to private equity firm Partners Group Holding AG for its new London office.

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24 Oct 2022 11:08

SMALL-CAP WINNERS & LOSERS: Helical has good half; South32 sees growth

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24 Oct 2022 09:06

Helical lettings and property sales drives "good" first half

(Alliance News) - Helical PLC on Monday said it has had a "good first half" after completing four new lettings and the sale of its Kaleidoscope property in September.

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9 Sep 2022 12:17

IN BRIEF: Helical Chair Richard Cotton buys shares for GBP51,000

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8 Sep 2022 10:12

CORRECT (Sept 6): Helical sells leasehold interest for GBP158 million

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Helical sells leasehold interest in Kaleidoscope for GBP186 million

(Alliance News) - Helical PLC on Tuesday announced it has sold the leasehold on Kaleidoscope Farringdon for GBP185.5 million to Chinachem Group, a privately owned corporate group.

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SMALL-CAP WINNERS & LOSERS: Cineworld continues week's volatile rally

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday.

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