- Business review completed
- New chief executive announced
Helical (HLCL) announced a change at the helm, together with the results of a business review, alongside preliminary figures that detailed a 21 per cent reduction in the value of the real estate investment trust (Reit)'s investment portfolio to £661mn. The fall was to be expected given the interest rate environment, but there are some signs that confidence in the central London commercial real estate market is gradually recovering.