27/07/2016 by Buildington
Helical has exchanged contracts on 104 residential units in the first phase of Barts Square development comprising 144 units, for a total sale value of £133.2m at an average of £1,581 psf, with delivery expected in Q3 2017.
A further unit has been placed under offer since the EU referendum, for £0.94m, at £1,724 psf;The demolition of the existing building continues in advance of constructing One Bartholomew Close, a new 12 storey office building of c. 213,000 sq ft, pre-sold to clients of Ashby Capital LLP.
The remaining phase of residential, comprising an additional 92 units, is due to commence in November 2016 for delivery in Q1 2019.
Source: Helical Bar Results for the period of 1 April 2016 to 24 July 2016.