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.<br /><br />B&Q and Screwfix owner <strong>Kingfisher</strong> 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

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