Helical Bar will increase the number of commercial property developments in London.
With over £90m already invested in its London Office portfolio, the property firm Helical Bar will seek to “ramp-up” its development pipeline as it seeks to rebalance its activities toward income producing buildings.
“Our ability to outperform our peers in the future will depend upon the strength of our development pipeline and it is that part of the business that offers the greatest opportunity for growth.” explained Michael Slade, Chief Executive at Helical Bar.
Current office development include 200 Aldersgate, Mitre Square and Barts Square in the City of London – providing over 1 million square feet of office space.
“We are increasingly redirecting our hard earned equity to London and the South-East, markets which currently represent 47% of our portfolio.” continued Mr Slade.
“The next few years are all about Central London and happily that is where we hold our most exciting assets. The prospects for substantial profits in respect of our London and retail developments provide cause for optimism for the future performance of the Company.”