Helical Bar repositions for major development
Helical Bar, the well-known property development and investment group’s latest results show an increase in the value of its investment properties by 7.9% over the past year.
This 7.9% increase translates into a rise of £13.1m, as shown by the preliminary results for year ending March 31, 2010.
Chief Executive of Helical Bar, Mike Slade had said that the company is looking at repositioning itself for major development plays in London. The industry can expect major offices projects in Central London by Slade’s highly regarded development team which is amongst the best in business.
He is an astute reader of the property cycle and many property commentators would be watching his next move.