Helical plc (GB:HLCL) has released an update.
Helical plc has reported strong trading activity from January 8 to April 19, 2024, with robust rent collections at 99% and significant leasing success at The JJ Mack Building and The Bower. The company has also made strategic sales, like the disposal of 25 Charterhouse Square, to reduce debt and further invest in their development pipeline. Helical’s outlook remains cautiously optimistic as they continue to address the supply gap in the prime London office market.
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