Good Q1 progress at Helical Bar
21st Jul 2010 07:53
Property firm Helical Bar saw good operational progress across all areas in the first quarter to 30 June 2010 as it looks increasingly like the previous strong recovery in property values is stalling. "Whilst the outlook for commercial property remains uncertain, we believe that now is the right ti
Read moreHelical Bar Completed 15 Lettings In 1Q >HLCL.LN
21st Jul 2010 07:21
LONDON (Dow Jones)--Helical Bar PLC (HLCL.LN), a property development and investment company, said Wednesday there has been further evidence to support its view that the previous strong recovery in property values is stalling, and whilst it is actively considering a number of potential acquisitions
Read moreHelical Bar Buys Two London Sites For Undisclosed Sum >HLCL.LN
11th Jun 2010 09:02
LONDON (Dow Jones)--Helical Bar PLC (HLCL.LN), a property business, said Friday it has signed an option agreement to purchase the freehold of 1 Mitre Square, London, EC3 from Ansbacher and Co Ltd., together with a long leasehold interest of the adjacent site at International House, Creechurch Lane,
Read moreProperty slump hits Helical Bar
26th Nov 2009 07:48
Property developer and investor Helical Bar fell into losses in the six months to September 30 after the sharp downturn in property prices hit the value of its assets. It posted a pre-tax loss of £8.8m, compared with a profit of £12.7m over the same period the previous year. It was hit by a £6.2m w
Read moreHelical Bar sees pick-up in UK housing market
22nd Jul 2009 08:13
Property firm Helical Bar said it is starting to see 'much improved signs' in parts of the UK housing market but warned average property values continue to fall as rents decline. "Helical has seen an improvement in value in respect of properties let on long leases to tenants of undoubted covenant s
Read moreFY losses triple at Helical Bar
4th Jun 2009 07:35
Real estate specialist Helical Bar said annual pre-tax losses almost tripled after property write-downs but says it is extremely well positioned for the next twelve months. Loss before tax swelled to £71.9m in the year ended 31 March 2009 from a loss of £24.3m the year before. Net rental income fo
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