Helical lets the 12th floor at The Bower
Summary by AI BETAClose X
16 July 2026
HELICAL PLC
("Helical" or the "Company")
THE BOWER HITS THE RIGHT NOTE WITH AUDIO NETWORK LETTING
Helical plc announces that it has exchanged an Agreement for Lease for the 12th floor of The Tower, The Bower, EC1, comprising 9,572 sq ft, to Audio Network Limited, a leading global music company that creates, owns and licenses premium original music for broadcasters, brands, filmmakers and digital content creators worldwide. Audio Network will relocate to The Bower in November following the completion of minor alterations by the landlord to the fitted space.
The lease has been agreed on an 11-year term, with a tenant break option at year six, and is in line with the March 2026 ERV. Following this transaction, occupancy at The Bower has increased to 96.6%.
Matthew Bonning-Snook, Chief Executive Officer of Helical, said: "We look forward to welcoming Audio Network to The Bower, where it will join our community of thriving businesses. The strong leasing momentum we have experienced over the past year at the campus reflects the ongoing appeal of Old Street and the "Silicon Roundabout", the historic heart of London's tech community."
Robb Smith, Chief Executive Officer of Audio Network, said: "We are excited to be moving to The Bower later this year. The space provides an exceptional environment that supports both creativity and collaboration, while the building's outstanding amenities and connectivity make it an ideal location for our team. We look forward to continuing our growth from this fantastic base in London."
JLL and Compton acted on behalf of Helical. Audio Network were represented by Devono.
For Further information, please contact:
|
Helical plc |
|
|
Matthew Bonning-Snook (CEO) James Moss (CFO) |
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 |
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
Latest directors dealings
- 2 hours ago Celebrus Technologies
- 2 hours ago Empire Metals Limited NPV (DI)
- 2 hours ago CelLBxHealth plc
- 15 hours ago Zigup
- 17 hours ago Vanquis Banking Group 20