Helical flags lettings delays

After completing major developments last year, Helical (HLCL) is tasked with letting the remaining office, retail and residential space - which is proving more cumbersome in a post-Covid 19 business world. The commercial landlord said that lettings progress at the Kaleidoscope in Farringdon and the Trinity scheme in Manchester - 15 per cent of the portfolio’s estimated rental value (ERV) - had been slower than expected. Chief executive Gerald Kaye is hopeful that this is a short-term issue. “When people are confined to their homes it’s quite tricky when they can’t come and look at it,” he said.