Helical has made £19.4m of UK disposals.
It has sold Calver Quay inWarrington, for £4.725m to Cabot Properties.
The 70,000 sq ft logistics property is fully let to two tenants. Helical has recently completed a re-gear on the largest of the two leases. CBRE acted for the buyer.
It has also sold Chart House in Islington, N1, a 10,000 sq ft single-let office building, for £7.5m to a private purchaser. Finn & Co acted for the buyer.
Helical has also exchanged contracts on a single let, 21,000 sq ft office building in Cobham to a private purchaser for £7.15m. LSH acted on behalf of Helical and Tudor Toone acted for the buyer.
The prices achieved represent an 11.4% premium to March 2016 book values and a 9% premium to the September 2016 valuation.
Duncan Walker, investment director at Helical, said: “We continue to rotate our mature assets with these sales, demonstrating the strength of investor demand for income-producing assets.”
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