1st Nov 2024 13:44
Helical PLC - London-focused property developer - Completes sale of its 50% interest in Charterhouse Place Ltd, the owner of the JJ Mack Building in London, to its joint venture partner, London-based investment company AshbyCapital LLP, for GBP71.4 million. This reflects a value of GBP139.2 million for Helical's 50% share of the property. The building generated contracted rent of GBP17.4 million on the day of the sale and is 90% let to six office tenants, including J Sainsbury PLC and Partners Group Holding AG. Read More
