<- Go home

Added to YB: 2024-02-23

Pitch date: 2024-02-21

HLCL.L [bullish]

Helical plc

-1.77%

current return

Author Info

No bio for this author

Company Info

Helical plc engages in the development, investment, and rental of real estate properties in the United Kingdom.

Market Cap

N/A

Pitch Price

GBP 1.92

Price Target

N/A

Dividend

N/A

EV/EBITDA

N/A

P/E

N/A

EV/Sales

N/A

Sector

Office REITs

Category

special_situation

Show full summary:
Third Avenue International Real Estate Value Fund Portfolio Holding - Helical plc

HLCL.L: Invstd in UK office REIT w/ 8 props & 3 JVs w/ TfL. Focusd on hi-qual, eco London offices seen favorably w/ 5.1% proj rent grwth. 46% disc to NAV, impl 10% cap rate. Leasng & JVs catal. 8.5% ctrl + 5.4% mgmt stak, pot M&A cand at 31% prem to surfce value.

Read full article (2 min)