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Ares snaps up London office from Helical at 6.5% discount

Ares Management is acquiring a six-storey building in UK’s capital from Helical for £43.5 million (€50.8 million). 

London-listed Helical said it has agreed to sell 25 Charterhouse Square, EC1 to a real estate fund managed Ares, at a price that represents a 6.5% discount to the 45,000 square feet asset’s 30 September 2023 book value.

Source: realassets.ipe.com on the 25th of March

https://realassets.ipe.com/news/ares-snaps-up-london-office-from-helical-at-65-discount/10072392.article