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.

For detailed information on individual properties, please visit our Property Portfolio.

Our Portfolio – how we invest our capital

Total Portfolio
(Helical share of fair value)
March
2013
March 
2014
March 
2015
Investment £407m £601m £790m
Trading and development £219m £201m £231m
Total Portfolio £626m £802m £1,021m

 

Investment Portfolio
(Helical share)
March 
2013
March 
2014
March 
2015
London office £146m
36%
£259m
43%
£370m
47%
Retail £228m
56%
£246m
41%
£159m
20%
Industrial / Logistics £12m
3%
£12m
2%
£146m
19%
Regional Office £15m
4%
£76m
13%
£104m
13%
Other £6m
1%
£8m
1%
£11m
1%
Total £407m
100%
£601m
100%
£790m
100%

The investment portfolio currently comprises 77% of Helical’s portfolio by fair value.

Development and Trading Portfolio
(Helical share of fair value)
March 
2013

March 
2014

March
2015

London Office £15m
7%
£16m
8%
£48m
21%
Regional Office £12m
6%
£5m
3%
£3m
1%
Retail £24m
11%
£27m
13%
£26m
11%
Industrial / Logistics £1m
0%
£0m
0%
£0m
0%
Mixed Use £22m
10%
£3m
2%
£5m
2%
Change of Use £7m
3%
£8m
4%
£8m
4%
Retirement Villages £73m
33%
£81m
40%
£88m
38%
Poland £65m
30%
£61m
30%
£53m
23%
Total £219m
100%
£201m
100%
£231m
100%

The development portfolio comprises 23% of Helical’s portfolio by fair value.

Trading and development portfolio (Helical’s share)

Project type Book value
£m
fair value
£m
surplus
£m
fair Value
%
London Offices 8.0 14.9 6.9 6.5
Residential 26.3 33.3 7.0 14.4
Mixed use 5.2 5.2 - 2.2
Regional offices 0.7 2.6 1.9 1.1
Retail 26.0 26.3 0.3 11.4
Retirement villages 72.4 87.7 15.3 37.9
Poland 52.2 53.3 1.1 23.0
Change of use 4.5 8.3 3.8 3.5
Total 195.3 231.6 36.3 100.0

Note: the tables above include the Group’s share of development properties held in joint ventures.