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Helical (HLCL) investor relations material

Helical Trading Update summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Trading Update summary17 Jul, 2025

Strategic and operational progress

  • Advanced three central London office schemes totaling over 460,000 sq ft, all set for 2026 completion.

  • Exchanged contracts for the forward sale of 100 New Bridge Street for £333m, with completion in April 2026.

  • Brettenham House refurbishment topped out, targeting Q2 2026 completion and received WELL precertification.

  • 10 King William Street met all conditions for £125m HSBC development financing and achieved a 5-star NABERS target rating.

  • Southwark PBSA scheme forward funding agreed, with site acquisition deferred to November 2025 and work expected to start Q1 2026.

Joint ventures and pipeline development

  • Joint venture with Places for London progressing, including Southwark PBSA and Paddington office schemes.

  • Paddington office project selected Mace as main contractor, with enabling works underway and formal acquisition in January 2026.

  • Focus on expanding office and mixed-use pipeline through flexible structures and partnerships.

Financial and dividend update

  • Final dividend for FY2025 proposed at 3.50p, bringing total annual dividend to 5.00p (up from 4.83p in 2024).

  • Strong balance sheet and supply-constrained market underpin growth ambitions.

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Frequently asked questions

Helical Plc engages in the investment, rental, and development of real estate properties in the United Kingdom. Its portfolio includes mixed use commercial/residential projects and offices, as well as residential and commercial developments. Helical plc was incorporated in 1919 and is headquartered in London, the United Kingdom.

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