Helical makes £37m of sales

Kasmira Jefford
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HELICAL BAR has pocketed £37m after completing a trio of sales that included the disposal of Guineas Shopping Centre in Newmarket.

The property developer behind 200 Aldersgate in the City said yesterday it has sold the Suffolk shopping mall to Ignis Asset Management for £18.2m. The other two deals include the sale of its 53 per cent stake in a research and development facility in Fordham to a UK institution for £16m and an office block called Luminous House in Milton Keynes for £2.6m.