Dentons has advised Helical Plc, the leading property developer and investor, in relation to its sale of three logistics assets to a fund managed by Clearbell Capital for a total of £20.25 million.

The assets comprise Aspect Way in Doncaster (122,600 sq ft), Sandal Stones Road in Doncaster (153,500 sq ft) and Wyatt Way in Thetford (127,600 sq ft).

The sale, at a combined 4% premium to September 2017 book value, is in line with Helical's strategic shift to concentrate on office developments and investments in London and Manchester. The sale follows a series of non-core disposals for Helical including its retirement living and retail assets.

Anju Suneja, partner in Dentons' Real Estate team in London who led on the deal, said, "We were delighted to advise Helical on this significant sale which will allow them to focus on office-led activity in two key UK cities."

Alongside Dentons' Real Estate team in London, Dentons' Tax team in Glasgow also assisted on the deal.