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Helical PLC - London-based property investor - Completes the acquisition of 100 New Bridge Street near Blackfriars station in central London, paying GBP160 million in cash. The 167,026 square foot office building has ground floor retail units. It is let to law firm Baker McKenzie. The lease expires at the end of 2023, and then Helical plans a major refurbishment.
Separately, says Non-Executive Director Susan Clayton buys 14,000 shares at GBP4.15, worth GBP58,100, on Monday.
Current stock price: 417.00 pence, down 1.1% on Tuesday
12-month change: up 9.9%
By Tom Waite; thomaslwaite@alliancenews.com
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