New 10,000 sq ft letting at The Bower

Summary by AI ^BETAClose X

Helical PLC has announced a new 10,022 sq ft letting at The Bower, a development in Old Street, which, when combined with a further 21,970 sq ft currently under offer, will bring occupancy to 96.6%. The 3rd floor of The Tower has been leased to a multinational mobility business, expected to occupy in June. This news highlights the strong demand in Old Street as a technology and innovation hub, with Helical anticipating further positive progress on additional floors.

Disclaimer*

Helical PLC

29 April 2026

HELICAL PLC

("Helical" or the "Company")

New 10,000 sq ft Letting Drives Up Occupancy at The Bower

Building on the recent letting momentum at The Bower, Helical announces that it has now exchanged contracts to lease a further 10,022 sq ft of fitted space at its award winning campus in Old Street. As announced in the recent Trading Update, a further 21,970 sq ft of space is currently under offer, which once let, will take occupancy at The Bower to 96.6%.

Adding to the vibrant tenant mix which includes tech, fintech, AI and fashion, the 3^rd floor of The Tower has been let to a multinational mobility business who is due to take occupation in June this year.

Benefitting from a combination of excellent transport connectivity, access to talent, record venture capital funding levels and competitive occupancy costs, Old Street has established itself as London's premier technology and innovation district, being home to more than 50 leading technology occupiers.

Matthew Bonning-Snook, Chief Executive of Helical, said:

"We are thrilled to welcome another new occupier to our vibrant campus at The Bower where tech and AI businesses see great benefit in clustering to leverage agglomeration effects.

"With two further floors under offer and regears agreed on an additional five floors, we look forward to announcing more positive progress over the coming weeks"

JLL and Compton acted for Helical and Devono acted for the Tenant.

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

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