Helical sells Farringdon’s Kaleidoscope for £158.5m
The building is occupied in its entirety by TikTok, the popular short form video hosting service owned by Bytedance, who took a 15 year lease in March 2021 at £7,633,053 per annum
Helical is pleased to announce that it has exchanged contracts on the sale of the single asset company, Farringdon East (Jersey) Limited, which owns the long leasehold interest in Kaleidoscope, Lindsey Street, EC1 to Chinachem Group in a £158.5m deal.
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