Helical Orion Capital Managers have exchanged contracts with an undisclosed party for the forward sale of Helical Bicycle 3 Limited, the corporate entity that owns 100 New Bridge Street, London, EC4, for their occupation.

100 New Bridge Street will deliver 195,000 sq ft best-in-class office space in a 10 storey building, which is undergoing a comprehensive refurbishment, stripping it back to its frame, recladding and adding two additional floors.

Matthew Bonning-Snook, CEO of Helical plc, said: “This transaction is a true reflection of the quality of 100 New Bridge Street as a London headquarters destination. The very strong interest we received in the scheme over a year ahead of completion is testament not only to its best-in-class characteristics, but also the acute shortage of prime office space within the submarkets Helical has targeted as part of its significant development programme.”

The completed development will include an eighth floor terrace of 7,450 sq ft, which will provide views of St. Paul’s Cathedral and across Central London.

Helical and Orion Capital Managers will continue to deliver the development through to completion of the works. The transaction will complete on practical completion of the building, which is expected in April 2026.