Helical
Deal News | Apr 16, 2025 | Clifford Chance LLP

Clifford Chance, a global law firm, has successfully advised Helical Plc and Orion Capital Managers on the forward sale of 100 New Bridge Street in London for £333 million. The transaction marks the culmination of an extensive development project in partnership with Orion, beginning with the acquisition of the underlying corporate vehicle and encompassing everything from obtaining necessary planning permissions to finalizing the joint venture for the property's redevelopment. Slated for completion in April 2026, the building will be a premier 195,000-square-foot office space featuring advanced sustainability and wellbeing certifications, becoming an iconic office location with views of St. Paul's Cathedral. This strategic deal illustrates the robustness of Helical and Orion's development planning and underscores the expertise of Clifford Chance's legal advisory role.
Sectors
- Real Estate Development
- Legal Services
Geography
- United Kingdom – The transaction and development project are based in Central London, UK.
Industry
- Real Estate Development – The article discusses the development and sale of a prime office space in Central London.
- Legal Services – Clifford Chance, a law firm, played a significant advisory role throughout the development and sale process.
Financials
- £333 million – The forward sale price of the 100 New Bridge Street development.
Participants
Name | Role | Type | Description |
---|---|---|---|
Clifford Chance LLP | Legal Advisor | Company | A global law firm that provided comprehensive legal advice throughout the development and sale process. |
Helical Plc | Seller | Company | A real estate development company engaged in the forward sale and previous development of the property. |
Orion Capital Managers | JV Partner | Company | A real estate investment firm that partnered with Helical Plc in the joint venture for the project's redevelopment. |
Unspecified S&P 500 Company | Purchaser | Company | An unnamed S&P 500 listed global business that purchased the property and intends to occupy it upon completion. |