Helical specialises in developing and owning the highest quality office buildings in Central London. We seek to provide the most attractive and sustainable workplaces with market leading tenant amenities and the most up to date building technologies to enable forward looking organisations to prosper.
2024 Half Year Key Highlights
Total Accounting Return
(31 March 2023: 493p)
EPRA net tangible assets per share
(31 March 2023: £608.7m)
IFRS net assets
(2022: profit of £17.2m)
Loss after tax
Total dividend per share
(31 March 2023: £839.5m)
See-through property portfolio
Total Property Return
(31 March 2023: 5.0 years)
WAULT of portfolio
(31 March 2023: 27.5%)
See-through loan to value
(31 March 2023: 2.9 years)
Average maturity of the Group's share of secured debt
(31 March 2023: £244.2m)
Group's share of cash and undrawn bank facilities
(31 March 2023: 3.4%)
Weighted average cost of Group's share of debt
- Listing FTSE Small Cap
- Sector Real Estate
- Ticker HLCL
- Share price 230.0p (22 November 2023)
- Market capitalization £283.7m (22 November 2023)
- 12 month high 395.5p
- 12 month low 183.0p
- Joint stockbrokers Numis Securities Limited, Peel Hunt LLP
Maximise Shareholder return by increasing the net asset value of the Group through capital gains and growing our rental income stream to cover dividends.
Manage a “best-in-class”, balanced portfolio with a clear market focus, combining assets with significant development and asset management potential with a strong rental income stream.
Ensure that sustainability is at the heart of our business decisions creating a portfolio which is futureproofed for all our stakeholders.
Attract and retain the best people encouraging their development and progression to ensure future succession is secured.
Operate a sustainable capital structure in which the core business costs are covered by income from the investment portfolio. Use gearing on a tactical basis throughout the cycle to accentuate returns.
Poonam LodhiaNumis SecuritiesTel +44 (0) 20 7260 1635
Matthew SaperiaPeel HuntTel +44 (0) 20 3597 861