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Helical ( (GB:HLCL) ) has shared an announcement.
Helical PLC, in partnership with Places for London, has secured planning approval for a new development above Southwark Tube station, which will feature 429 student accommodation units and 44 affordable homes. The project aims to meet high sustainability standards and includes additional retail and community spaces, enhancing the local public realm. This development is part of a broader initiative by the joint venture to address housing demand and improve community infrastructure in London.
More about Helical
Helical PLC is a company involved in real estate development, focusing on creating innovative and sustainable living and working spaces. They engage in joint ventures to deliver projects that include student accommodations, affordable housing, and office buildings, with a strong emphasis on sustainability and community benefits.
YTD Price Performance: 8.44%
Average Trading Volume: 199,637
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £228.3M
Learn more about HLCL stock on TipRanks’ Stock Analysis page.