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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.
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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