Helical Sells Stake in JJ Mack Building to Fund Developments

Helical (GB:HLCL) has released an update.

Helical plc has sold its 50% stake in The JJ Mack Building in London to AshbyCapital for £71.4 million, a move that will help fund its extensive development pipeline. The building, known for its high sustainability credentials, was nearly fully leased at the time of sale, generating significant rental income. The proceeds will support Helical’s ongoing projects, including new office developments and a student accommodation scheme.

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