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IN BRIEF: Helical lets JJ Mack floor to Three Crowns law firm

ALN

Helical PLC - London-focused property developer - Says that along with Ashby Capital Ltd, has let the eighth floor of the JJ Mack Building to Three Crowns LLP, an international arbitration law firm. The firm plans to relocate to JJ Mack, which is located at 33 Charterhouse Street, EC1, from its existing offices at New Fetter Place in early 2025. The lease is for 15 years.

Helical Chief Executive Gerald Kaye says: ‘The addition of Three Crowns to our tenant roster takes The JJ Mack Building to over 67% let, with strong interest in the remaining space. Coming so soon after we let three floors to J. Sainsbury, today’s announcement further highlights the continued strong demand for high quality office space, and the widening gap in the market between best in class properties and the rest.’

Current stock price: 204.50 pence, up 0.3%

12-month change: down 37%

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