Name

Helical

Legal name

Helical PLC

Website

https://helical.co.uk

Company type

Public

Founded year

1919

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Property Development and Sale: Helical develops commercial office, residential, and mixed-use properties in central London for sale or forward sale to occupiers and investors. Revenue generated from development margin and property appreciation.
2. Property Investment and Leasing: Investment properties generating rental income from commercial tenants. Assets managed to drive value through active asset management.
3. Joint Venture Partnerships: Strategic joint ventures with Places for London (Transport for London) providing development pipeline and co-investment arrangements.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Helical is a central London development-focused real estate company that develops, owns, and manages commercial office, mixed-use, and residential properties. The company generates revenue through property development and sale (including forward sales), rental income from owned investment assets, and joint venture development management. Its portfolio emphasises sustainable, design-led buildings targeting BREEAM Outstanding and NABERS 5-star ratings, with significant heritage refurbishment activity and a strategic joint venture with Places for London (Transport for London).

Differentiator

Problem solved

Functional benefit

Products and services

• The Bower Helical's flagship heritage refurbishment in Old Street, EC1, providing design-led, sustainable Grade A office space from 1,000 sq ft to c.42,000 sq ft for technology, financial services, and professional services tenants. Achieved BREEAM Outstanding with 100% sustainably sourced timber and 12,493 tonnes of embodied carbon saved through refurbishment.
• Brettenham House Sustainable office development in central London targeting 99% construction waste diversion from landfill, designed to deliver best-in-class low-carbon workspace.
• 10 King William Street Ground floor plus seven-storey office development in London EC4 delivering 140,000 sq ft NIA of office space, funded through a £125 million development financing arrangement with HSBC.
• Paddington Over Station Development Joint venture with Places for London (Transport for London) over Paddington station delivering a sustainable commercial office development backed by a £220m PIMCO Prime Real Estate facility, targeting 97.4% BREEAM rating.
• Southwark Mixed-Use Development Mixed-use scheme in Southwark combining commercial workspace with 44 affordable housing units delivered to Southwark Borough Council as part of the Places for London joint venture.
• 100 New Bridge Street Carbon-friendly office redevelopment in London EC4 forward sold to State Street Corporation for £333 million, with practical completion reached in May 2026.
• The Loom Award-winning heritage refurbishment and listed building redevelopment in Whitechapel delivering sustainable workspace with RIBA National and AJ Retrofit awards.
• 63 Charterhouse Street Part of the Places for London Platinum Portfolio joint venture pipeline for development as a sustainable commercial scheme in central London.

Quantifiable outcome

• 12,493 tonnes of carbon saved through refurbishment at The Bower
• +4 more outcomes

Named customers3 records

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core.

• Places for London (Transport for London)coreStrategic or Co-development Partner · 27 February 2026Flagship joint venture partnership (Platinum Portfolio) with Places for London for development of multiple sites including Paddington Over Station Development, Southwark, 10 King William Street, and 63 Charterhouse Street. Helical serves as development manager and co-investor.
• Southwark Borough CouncilcoreStrategic or Co-development PartnerForward sale of affordable housing block at Southwark development. Partnership for delivery of 44 affordable units as part of the mixed-use scheme.
• Mace ConstructcoreImplementation/ SI/ Consulting PartnerAppointed main contractor to deliver the Paddington Over Station Development office building.
• OrioncoreStrategic or Co-development PartnerJoint venture partner for 100 New Bridge Street development. Partnership completed with practical completion in May 2026.

Scale indicators14 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• Schroder Real Estate Investment Trust: Diversified UK commercial property REIT. Comparable as a small/mid-cap UK listed real estate vehicle, though with broader sector exposure than Helical's central London office bias.
• Picton Property Income: Diversified UK REIT investing across commercial property sub-sectors. Less directly comparable on asset class focus, but a relevant cap-structure peer for small/mid-cap UK listed real estate vehicles.
• British Land: Major UK REIT with significant central London office and mixed-use assets, including a focus on campus-style repositioning. Broader incumbent peer competing with Helical for prime London office capital flows.
• Land Securities Group (Landsec): UK's largest REIT with broad office, retail and mixed-use exposure including central London. Larger, more diversified incumbent that competes for the same occupational demand and prime development opportunities as Helical.

Direct peers

• Workspace Group: Central London owner-operator of flexible, small-and-medium-sized office space. Peer in London commercial office focus, although operating model (long-hold flexible space operator) differs from Helical's develop-and-sell core.
• Regional REIT: Small-cap London-listed REIT focused on UK regional offices with a London weighting. Comparable scale and asset class to Helical, though with greater regional diversification away from central London prime.
• CLS Holdings: UK-listed office investor with significant central London exposure alongside European holdings. Comparable in asset class (offices) and investment philosophy, with similar scale to Helical but more geographic diversification.
• Derwent London: Central London office REIT focused on design-led, sustainable, repositioned stock. Closest pure-play peer to Helical given shared emphasis on refurbishment, ESG credentials and central London 'villages' sub-market approach.
• Shaftesbury Capital: West End London-focused REIT investing in real estate that supports the West End's cultural, hospitality and office uses. Direct peer on geography and mixed-use repositioning, though stronger weighting to retail/leisure than Helical.
• Great Portland Estates: London-listed REIT focused on the development, repositioning and ownership of prime office buildings in central London. Highly comparable to Helical in asset class, geography and value-add redevelopment strategy, although larger in scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/helicalplc
• LinkedInlinkedin.com/company/helicalplc

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Helical