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Helical sells 50% stake in Charterhouse Place to AshbyCapital
Nov 01, 2024•over 1 year ago
Contract Type
partnership
LondonReal EstateReal Estate InvestmentCommercial Real Estate
Description
Helical has completed the sale of its 50% interest in Charterhouse Place Limited, the owner of The JJ Mack Building in London EC1, to its joint venture partner, AshbyCapital, for £71.4m. The sale is significant as it ensures the funding for Helical's development pipeline.
Company Information
Company
Helical
Location
London, England, United Kingdom
About
Helical is a London focused property investment and development company, creating sustainable and inspiring workplaces which are technologically smart, rich in amenities and promote employee wellbeing. Applying this philosophy we seek to maximise Shareholder returns through delivering income growth from creative asset management and capital gains from our development activity.
LondonReal EstateReal Estate InvestmentCommercial Real Estate