PropertyEU

Helical sells non-core assets to focus on London and Manchester

By Virna Asara 2018-06-05T00:00:00

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UK listed property firm Helical has exchanged contracts to sell individually its three remaining non-core investment assets, for a total of £28.46 mln (€32.5 mln), representing a 6.6% premium to the March 2018 book value and reflecting an aggregate net initial yield of 7.6%.

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