Helical plc’s Letting Of Kaleidoscope To Tik Tok Technologies UK limited

Clifford Chance has advised Helical plc on the deal.

Helical plc let the whole of their new over-station development, Kaleidoscope, to tech unicorn Tik Tok Technologies UK limited.

Tik Tok has taken a 15 year lease at Kaleidoscope, a 88,500 sq ft office building which has been constructed above the Farringdon East Crossrail Station.

Kaleidoscope was the first over station development to complete on the Crossrail Line. The property offers a 5,000 sq ft roof terrace with views across London, whilst also sitting adjacent to the green space of Charterhouse Square and utilises the Citigen District Network for its heating and cooling to deliver low carbon energy. It is situated in Farringdon which sits at the heart of London’s “Culture Mile”, an area that is being transformed into a diverse arts and cultural hub celebrating the City of London’s future and its two thousand year history.

Working alongside Ian Painter (Picture), the Clifford Chance team included Associate Ivan Yuen and Senior Associate Melissa Sykes advising on the real estate aspects. London Head of Real Estate and Head of Planning and Environment Nigel Howorth, supported by Senior Associates Katie Kempthorne and Elizabeth Hardacre, advised on planning. Construction advice was provided by UK Head of Real Estate Construction Marianne Toghill supported by Senior Associate Adam Waite and Associate Clare Simmons. Partner and Co-head of the firm’s Global Real Estate sector Jane Cheong Tung Sing supported by Associate Marcus Tadros advised on Real Estate Finance. Property litigation advice was provided by Director of Property Litigation Ben Hatton and Energy & Infrastructure advice was provided by Partner Michael Pearson and Associate Alain Dodds. Specialist additional advice was provided by Partner Michael Lyons and Partner Alistair Woodland.

Involved fees earner: Jane Cheong Tung Sing – Clifford Chance; Alain Dodds – Clifford Chance; Elizabeth Hardacre – Clifford Chance; Ben Hatton – Clifford Chance; Nigel Howorth – Clifford Chance; Katie Kempthorne – Clifford Chance; Michael Lyons – Clifford Chance; Ian Painter – Clifford Chance; Michael Pearson – Clifford Chance; Clare Simmons – Clifford Chance; Melissa Sykes – Clifford Chance; Marcus Tadros – Clifford Chance; Marianne Toghill – Clifford Chance; Adam Waite – Clifford Chance; Alistair Woodland – Clifford Chance; Ivan Yuen – Clifford Chance;

Law Firms: Clifford Chance;

Clients: Helical plc;

Author: Federica Tiefenthaler