What We Do

Helical Bar plc is a property investment and development company which operates across many sectors of the property industry.

We aim to deliver market-leading returns by acquiring high-yielding investment properties, applying a rigorous approach to asset management and deploying limited equity into development situations which have the potential to be highly profitable.

Our portfolio is primarily targeted towards London for capital growth and development profits and the regions for high yielding investment assets and trading profits.

Total Portfolio by Fair Value

  Investment
£m
% Development
£m
% Total
£m
%
London Offices 593.2 47.8 18.0 1.5 611.2 49.3
London Residential - - 60.0 4.8 60.0 4.8
Total London 593.2 47.8 78.0 6.3 671.2 54.1
             
Regional Offices 102.5 8.3 1.0 0.1 103.5 8.4
Regional Industrial 210.5 17.0 - - 210.5 17.0
Regional Retail 134.5 10.8 8.1 0.7 142.6 11.5
Retirement Villages 11.9 1.0 91.6 7.3 103.5 8.3
Land 0.1 - 8.6 0.7 8.7 0.7
Total Regional 459.5 37.1 109.3 8.8 568.8 45.9
             
Total 1,052.7 84.9 187.3 15.1 1,240.0 100.0

 

Investment portfolio by asset status

  Income
Producing
£m
% Major
Projects
£m
% Total
£m
%
London Offices 414.6 39.4 178.6 17.0 593.2 56.4
London Residential - - - - - -
Total London 414.6 39.4 178.6 17.0 593.2 56.4
             
Regional Offices 97.8 9.3 4.7 0.4 102.5 9.7
Regional Industrial 210.5 20.0 - - 210.5 20.0
Regional Retail 134.5 12.8 - - 134.5 12.8
Retirement Villages 11.9 1.1 - - 11.9 1.1
Land - - 0.1 - 0.1 -
Total Regional 454.7 43.2 4.8 0.4 459.5 43.6
             
Total 869.3 82.6 183.4 17.4 1,052.7 100.0

Income producing assets are those assets where the majority of the space is let. Major projects are those assets that are being substantially developed or refurbished.

 

Trading and development portfolio

  Book Value
£m
Fair Value
£m
Surplus
£m
Fair Value
£m
London Offices 14.0 18.0 4.0 9.6
London Residential 56.0 60.0 4.0 32.0
Total London 70.0 78.0 8.0 41.6
         
Regional Offices 0.2 1.0 0.8 0.5
Regional Retail 8.1 8.1 - 4.3
Retirement Villages 83.6 91.6 8.0 48.9
Land 5.9 8.6 2.7 4.7
Total Regional 97.8 109.3 11.5 58.4
         
Total 167.8 187.3 19.5 100.0