Helical (GB:HLCL) has released an update.
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Helical PLC has reported a successful return to profitability for the half-year ending September 2024, driven by strategic property sales and robust development plans in Central London. The company’s comprehensive development pipeline, with a focus on ‘best-in-class’ office spaces and alternative uses like student accommodations, positions it well for future growth. With a reduced loan-to-value ratio and secure funding, Helical is poised to capitalize on upcoming opportunities in the real estate market.
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