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Helical PLC - office-focused investment and development company based in London - Says it has collected 93% of September quarter rent and 94% of June quarter rent, as it sees increased occupancy of its central London buildings and in new lettings. Says "sentiment has moved away from" work-from-home.
September rent collection benefited from the reopening of food and beverage tenants. Helical adds it is expecting a further 4.2% via agreed payment plans, with the remaining 2.9% "subject to ongoing discussions". June rent collection slightly misses the 96% prediction that Helical made in July.
Current stock price: 460.00 pence
Year-to-date change: up 23%
By Josie O'Brien; josieobrien@alliancenews.com
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