Company
Workspace Group PLC
LON:WKP
Workspace Group PLC is a United Kingdom-based company that is engaged in property investment in the form of letting of business accommodation to small and medium-sized enterprises located in London and the South East of England. As of March 31, 2008, the Company had seven active subsidiaries, four of which are engaged in the Company’s core activities. LI Property Services Limited procures insurance on behalf of Workspace Group PLC. Workspace Management Limited acts as manager for all the Company’s property investment companies. Workspace Holdings Limited is an intermediate holding company.
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FTSE 100 surges 100 points as rate cut hopes build on private sector downturn
The FTSE 100 further racked up gains on Friday
Workspace sees better like-for-like rent roll and 'strong conversion of demand into lettings' in Q2
The provider of flexible workspaces in London said it expects to complete the sale of the residential component of its mixed-use redevelopment in Wandsworth for around £55mln in December
Workspace Group swings into profit as demand returns to pre-pandemic levels
The FTSE 250-listed group recommended a total dividend of 21.5p per share
Workspace to consider selling McKay Securities' light industrial assets
The offer document had noted Workspace's intention to recycle capital into other assets, including light industrial properties
Workspace Group sees ‘strong’ demand but still way off pre-COVID levels
Like-for-like rent roll was up 2.3% in the quarter, to £89.3mln, with total rent roll increasing £5.1mln to £107.2mln
London coming back to life, says flexible office group Workspace
“The pandemic has made people appreciate that not all offices are created equal"
Workspace share price doesn’t reflect strong recovery potential, says RBC
Analysts said the group is well-placed to take advantage of strong UK GDP growth and structural changes in tenant demand for London office space
Workspace swings to full-year loss as COVID-19 reduces rental income, property valuations
Strong pick-up in new customer activity seen in fourth quarter has continued into the new financial year
Workspace sees interest in offices revive as economy opens up
It is now seeing occupancy stabilise and anticipates a recovery in occupancy levels
Workspace double-downgraded by Barclays on reopening over-optimism
Availability of office space in London is almost at 20-year record levels
Workspace defers dividend decision after slumping to interim loss
The group's portfolio valuation as of September 30, 2020, was £2.4bn, down 5% from March 31, 2020
Workspace sees slow pickup, ends rent discount
Activity is now at around 15% of usual levels but occupancy fell by 3% to 90% in the quarter to June