Helical PLC Reports Strong Progress in London Developments and Announces Board Changes

Helical ( (GB:HLCL) ) has shared an announcement.

Helical PLC has reported significant progress in its development projects across central London, with three major office schemes totaling over 460,000 sq ft set for completion in 2026. The company has successfully secured a forward sale of 100 New Bridge Street to State Street Corporation and is advancing its joint venture with Places for London, including a 429-unit PBSA scheme at Southwark. Helical’s strategic focus on sustainable and high-demand office spaces is expected to drive rental growth, supported by a strong balance sheet and a motivated team. Additionally, the company announced upcoming board changes and a proposed dividend increase, reflecting its robust financial health and commitment to shareholder returns.

The most recent analyst rating on (GB:HLCL) stock is a Buy with a £270.00 price target. To see the full list of analyst forecasts on Helical stock, see the GB:HLCL Stock Forecast page.

Spark’s Take on GB:HLCL Stock

According to Spark, TipRanks’ AI Analyst, GB:HLCL is a Neutral.

Helical’s overall score reflects a mixed financial performance offset by a strong corporate strategy and attractive valuation. The strategic asset sales and development pipeline significantly enhance the outlook, while technical analysis supports moderate strength in stock momentum.

To see Spark’s full report on GB:HLCL stock, click here.

More about Helical

Helical PLC operates in the real estate industry, focusing on developing high-quality office buildings in central London. The company is involved in joint ventures and employs flexible structures to enhance its equity performance, with a strong emphasis on sustainability and health-oriented design.

Average Trading Volume: 130,384

Technical Sentiment Signal: Hold

Current Market Cap: £273.1M

For an in-depth examination of HLCL stock, go to TipRanks’ Overview page.