What We Do

Helical Bar: a property investment and development company

Helical aims to deliver market leading returns by acquiring high yielding investment properties, applying a rigorous approach to asset management and deploying limited equity through a variety of different structures into development situations which have the potential to be highly profitable.

Our spread of activities gives us flexibility to deploy capital rapidly across our business and focus on whatever opportunities offer the best returns at different points of the property cycle. We aim to make excellent returns for our shareholders through a wide variety of high margin activities.

Our core areas include central London offices and high yielding retail investments, central London developments and refurbishment projects pre-let regional foodstore developments and retirement villages.

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

Our Portfolio – how we invest our capital

Total Portfolio
(Helical share of book value)
March
2012
March
2013
March
2014
Investment £374m £407m £601m
Trading and development £144m £169m £173m
Total Portfolio £518m £576m £774m

 

Investment Portfolio
(Helical share)
March
2012
March
2013
March
2014
London office £113m
30.2%
£146m
35.9%
£259m
43.1%
Retail £228m
61.1%
£228m
56.0%
£246m
40.9%
Industrial £20m
5.3%
£12m
2.9%
£12m
2.1%
Provincial Office £8m
2.1%
£15m
3.7%
£76m
40.9%
Other £5m
1.3%
£6m
1.5%
£8m
1.2%
Total £374m
100.0%
£407m
100.0%
£601m
100.0%

The investment portfolio currently comprises 75% of Helical’s portfolio by fair value.

Development and Trading Portfolio
(Helical share of book value)
March
2012

March
2013

March
2014

Office £13m
9.0%
£16m
9.5%
£15m
8.9%
Retail £14m
9.7%
£22m
13.0%
£25m
14.5%
Industrial £6m
4.2%
£1m
0.6%
£0m
0.2%
Mixed Use £5m
3.5%
£5m
3.0%
£3m
1.7%
Change of Use £4m
2.8%
£5m
3.0%
£5m
2.8%
Retirement Villages £60m
41.6%
£55m
32.5%
£65m
37.2%
Poland £42m
29.2%
£65m
38.4%
£60m
34.7%
Total £144m
100%
£169m
100%
£173m
100%

The development portfolio comprises 25% of Helical’s portfolio by fair value.

Development and Trading Portfolio
(Helical share)
Book Value
Fair valuation
Surplus % of
development
portfolio (fair value)
Office £15m £21m £6m 10.7%
Retail £25m £27m £2m 13.5%
Industrial £1m £1m - 0.2%
Mixed Use £3m £3m - 1.4%
Change of Use £4m £8m £4m 4.1%
Retirement Villages £65m £81m £16m 40.1%
Poland £60m £60m - £60m
Total £173m £201m £28m 100.0%