Green shoots en route for Helical's portfolio

Helical has slashed its dividend due to insufficient recurring dividends

Published on November 26, 2024

EPRA total accounting return of 0.8 per cent
Net rental income down 11.4 per cent

Helical’s (HLCL) new chief executive, Matthew Bonning-Snook, has his work cut out. The London office developer’s share price has fallen by 14 per cent over the past year and it currently languishes on a discount to net asset value (NAV) of 44 per cent.

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