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Helical sells The Shepherds Building to Workspace for £125.3m

Helical has exchanged contracts on the sale of The Shepherds Building in West London to Workspace Group for £125.3m (£835 psf /), representing a net initial yield of 4.8% rising to 5.1% on expiry of rent frees. The sale represents a 12.4% premium to 31 March 2018 book value.In line with its strate...[…]