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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Helical Plc | LSE:HLCL | London | Ordinary Share | GB00B0FYMT95 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 4.00 | 1.95% | 209.50 | 210.50 | 214.50 | 211.00 | 206.50 | 210.00 | 20,691 | 16:35:21 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Lessors Of Real Property,nec | 49.85M | -64.51M | -0.5230 | -4.02 | 259.66M |
From Apr 2019 to Apr 2024
TIDMHLCL
RNS Number : 1156E
Helical PLC
07 February 2018
7 February 2018
HELICAL SELLS THREE INDUSTRIAL UNITS FOR GBP20 MILLION
Helical, one of London's leading property developers, has completed the sale of three logistics assets to a fund managed by Clearbell Capital LLP for a total of GBP20.25 million. The assets are Aspect Way in Doncaster (122,600 sq ft), Sandal Stones Road in Doncaster (153,500 sq ft) and Wyatt Way, Thetford (127,600 sq ft).
The sale, at a combined 4% premium to September 2017 book value, is in line with Helical's strategic shift to concentrate on office developments and investments in London and Manchester.
Tom Anderson, Senior Investment Executive at Helical, said: "These recent sales are another step along the way for Helical as we focus our portfolio on primarily office-led activity within London and Manchester. The sale follows a series of non-core disposals including our retirement living and retail assets."
CPP Partners acted for Helical.
For further information please contact:
Helical Gerald Kaye / Tom Anderson Tel: 020 7629 0113 FTI Consulting Dido Laurimore/Tom Tel: 020 3727 1000 Gough/Richard Gotla
This information is provided by RNS
The company news service from the London Stock Exchange
END
DISBIGDDUSGBGIL
(END) Dow Jones Newswires
February 07, 2018 02:00 ET (07:00 GMT)
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