Helical plcLSE: HLCL

Helical: Major letting agreed at Brettenham House

· Issued by Helical plc via RNS

Summary by 6ix AI

An Agreement for Lease (a contract to grant a lease at a later date) has been exchanged with FGS Global for the sixth, eighth and ninth floors at Brettenham House, London, WC2. The building is owned by Thames Brettenham Limited, for which Helical plc is delivering the refurbishment.

Key details

  • The space covers 23,887 sq ft of office space and a private terrace. FGS Global, a strategic leadership advisory firm, will take occupation of the space in January 2027 for a 10 year term.
  • Brettenham House is a 128,000 sq ft 1930s Art Deco office building whose refurbishment includes restoring its historic façade; the completed scheme is to have five external terraces, a triple-height reception and a new entrance via Savoy Street.
  • Helical works under a development management agreement with Thames Brettenham Limited, earning a development management fee and a profit share linked to rental performance.
  • Savills and RX acted for Helical and Thames Brettenham Limited; FGS Global was represented by BBG Real Estate London.

What’s still pending

  • Practical completion (the point when the refurbishment works are finished) is due at the end of October 2026.
  • Helical's profit share, linked to rental performance, is payable once the building is successfully let.

6ix AI wrote this summary from the release below and checked it against the release.

22nd October 2026

HELICAL PLC

("Helical" or the "Company")

Major letting agreed at Brettenham House, London, WC2

Helical plc announces that an Agreement for Lease has been exchanged with FGS Global for the sixth, eight and ninth floors at Brettenham House, comprising 23,887 sq ft of prime office space and a private terrace benefiting from spectacular views over the Thames. FGS Global, the strategic leadership advisory firm, will take occupation of the space in January 2027 for a 10 year term.

Practical completion of the comprehensive refurbishment of this 128,000 sq ft historic 1930's Art Deco office building is due to occur at the end of October 2026 and there are strong levels of interest in the remaining space. The refurbishment has involved the substantial remodelling of the building while carefully restoring its historic façade and Art Deco features, including two marble‑clad staircases. The completed scheme will deliver prime office accommodation with enhanced amenities, including five external terraces, a triple‑height reception and a new dedicated entrance accessed via Savoy Street.

Helical is delivering the project on behalf of the owner, Thames Brettenham Limited, through a development management agreement, for which it receives a development management fee and a profit share linked to rental performance which is payable once the building is successfully let.

Rob Sims, Chief Investment Officer of Helical, said: "We are pleased to see our vision for the complex remodelling project at Brettenham House come to fruition and to see a leading organisation such as FGS Global relocate to the building. We look forward to completing the refurbishment works later this month and maintaining the leasing momentum."

Simeon Goddard, Co-Chief Investment Officer of Northview Services Ltd. and representative of Thames Brettenham Limited, said: "We are delighted to have secured the initial letting at Brettenham House following its comprehensive refurbishment. This transaction reflects the exceptional quality delivered by Helical and we look forward to welcoming FGS Global to the building."

Savills and RX acted on behalf of Helical/Thames Brettenham Limited. FGS Global was represented by BBG Real Estate London.

For Further information, please contact:

Helical plc

Matthew Bonning-Snook (CEO)

James Moss (CFO)

Rob Sims (CIO)

Address:     22 Ganton Street, London, W1F 7FD

Website:     www.helical.co.uk

Tel:               020 7629 0113

FTI Consulting

Dido Laurimore

Richard Gotla

Andrew Davis

Email:           Schelical@fticonsulting.com

Tel:               020 3727 1000

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