REG - Helical PLC - New 10,000 sq ft letting at The Bower

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RNS Number : 2959C  Helical PLC  29 April 2026

29 April 2026

HELICAL PLC

("Helical" or the "Company")

 

New 10,000 sq ft Letting Drives Up Occupancy at The Bower

 

Building on the recent letting momentum at The Bower, Helical announces that
it has now exchanged contracts to lease a further 10,022 sq ft of fitted space
at its award winning campus in Old Street. As announced in the recent Trading
Update, a further 21,970 sq ft of space is currently under offer, which once
let, will take occupancy at The Bower to 96.6%.

 

Adding to the vibrant tenant mix which includes tech, fintech, AI and fashion,
the 3(rd) floor of The Tower has been let to a multinational mobility business
who is due to take occupation in June this year.

 

Benefitting from a combination of excellent transport connectivity, access to
talent, record venture capital funding levels and competitive occupancy costs,
Old Street has established itself as London's premier technology and
innovation district, being home to more than 50 leading technology occupiers.

 

Matthew Bonning-Snook, Chief Executive of Helical, said:

"We are thrilled to welcome another new occupier to our vibrant campus at The
Bower where tech and AI businesses see great benefit in clustering to leverage
agglomeration effects.

 

"With two further floors under offer and regears agreed on an additional five
floors, we look forward to announcing more positive progress over the coming
weeks"

 

JLL and Compton acted for Helical and Devono acted for the Tenant.

 

For Further information, please contact:

 Helical plc
 Matthew Bonning-Snook (CEO)  Address:     22 Ganton Street, London, W1F 7FD

 James Moss (CFO)             Website:     www.helical.co.uk
                              (http://atpscan.global.hornetsecurity.com/?d=BCg_nxA6TQWSsjFhHOOGIoUFMK9pCR5y0j-5JOFtepk&f=z01phi-KfKVzavqCycigzz1HAfVqMUFIr1urUWhUfJPprM1OZCOnrnq7mvpZfWXp&i=&k=hG0i&m=0p1bSGJpD40SVU7g2JTBzjiCSeFS544CluFAYs2RHwQCx6VxDpq6RF
                              -KL_fnzYs2UFXjeYhfCU9mjP7mz0vTktYMfblrbfXa2SsqN2kmUggNoZxm8xmOj1qJC2oAd6lm&n=udzx9P3xwx7ozemO1XT20k4f7Op50iQhU8R60yhL7RTMiHek5Uu1o7CAenZ6nlstcVWMpaeSTJqts
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                              Tel:               020 7629 0113

 FTI Consulting
 Dido Laurimore               Email:           Schelical@fticonsulting.com

                            (mailto:Schelical@fticonsulting.com)
 Richard Gotla

                            Tel:               020 3727 1000
 Andrew Davis

 

 

 

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