LONDON (Alliance News) - Property investors Helical Bar PLC on Thursday reported an increase in profit and revenue for the full year, driven by valuation gains. The company, which recently bought a mixed-use portfolio for GBP40.2 million, posted pretax profit of GBP101.7 million for the yea Read More

UK MORNING BRIEFING: Kingfisher Shares Fall 5% Amid Firm Open

29th May 2014 07:25

LONDON (Alliance News) - UK shares are higher at open Thursday, ahead of some US economic data later in the day. B&Q and Screwfix owner Kingfisher is leading FTSE 100 fallers, down 5.4%. Despite showing a strong increase in its retail profit for the first quarte Read More

MARKET COMMENT: UK Stocks To Open Flat Ahead Of US GDP Revision

29th May 2014 06:37

LONDON (Alliance News) - UK stocks are set to open flat to fractionally higher ahead of the US first-quarter GDP revision, which provides the main economic focus for Thursday but doesn't come until later in the day. Trading so far this week, which started with UK and US bank holidays and no Read More

MARKET COMMENT: Equities Markets Stall Amid Disappointing Data

28th May 2014 15:50

LONDON (Alliance News) - Stocks have traded in tight ranges and in relatively low volumes across the UK and Europe Wednesday, as some disappointing eurozone economic data prevented indices pushing towards their recent highs. Investors are particularly reticent to add to positions in the run Read More

Helical Bar Teams With Canadian Fund For London Office Development

7th May 2014 08:59

LONDON (Alliance News) - Property investors Helical Bar PLC Wednesday said it has entered into a joint venture with Healthcare of Ontario Pension Plan Trust Fund (Hoopp) to redevelop Creechurch Place in the City of London. The new building, near Aldgate underground station, will consist of Read More

Helical Bar Acquires Mixed-Use Portfolio For GBP40.2M

15th Apr 2014 08:24

LONDON (Alliance News) - Property investment and development firm Helical Bar PLC Tuesday said it has acquired a mixed-use portfolio of ten properties across England from IM Properties in a deal worth GBP40.2 million, reflecting a 8.4% net initial yield. The portfolio, which has a total flo Read More

UK MORNING BRIEFING: Aggreko Leads After Mixed Results

15th Apr 2014 07:50

LONDON (Alliance News) - Aggreko is leading the FTSE 100 in early trading Tuesday after the temporary power company said it has seen mixed results in its first quarter, with strong underlying revenue growth in two of its three regions being impacted by adverse currency movements as previously exp Read More

Helical Bar Buys Multi-Let Central Manchester Office For GBP34 Million

10th Mar 2014 08:41

LONDON (Alliance News) - Helical Bar PLC Monday said it has bought a multi-let central Manchester office for GBP34 million from a joint venture between Angelo Gordon and Dunedin Property. The purchase price reflects a net initial yield of 5.7%. Helical Bar said the acquisition of the Read More

UK MORNING BRIEFING: Shares Gain; Fyffes To Merge With Chiquita

10th Mar 2014 08:26

LONDON (Alliance News) - Shares have opened higher Monday despite a weak lead from Asia. M&A and share placings have grabbed attention at the open. Chiquita Brands International Inc and Fyffes PLC said they will merge to create the world's largest ba Read More

Helical Bar Sells Battersea Studio For GBP35 Million To Schroder Fund

28th Feb 2014 09:32

LONDON (Alliance News) - Property investors Helical Bar PLC Friday said it has sold Battersea Studios in south London to Schroder UK Property Fund in a deal worth GBP35 million. The studio was originally built in the 1970's as a warehouse for BT Group PLC and subsequently turned into a broa Read More

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