Helical sells three assets across the UK for £19.4m.

Helical has sold three assets across the UK for £19.4m

It has completed on the disposals of Calver Quay, Warrington, for £4.725m to Cabot Properties; Chart House, Islington, for £7.5m to a private purchaser; and also a single let, 21,000 sq ft office building in Cobham to a private purchaser for £7.15m.

In total, Helical generated an 11.4% premium to March 2016 book values on the sales and a 9% premium to the September 2016 valuation.

Duncan Walker, investment director, Helical, said: “We continue to rotate our mature assets with these sales, demonstrating the strength of investor demand for income producing assets as well as highlighting the effectiveness of our ongoing asset management capabilities.”

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