LSE - Delayed Quote GBp

Workspace Group Plc (WKP.L)

484.00

-13.50

(-2.71%)

As of 3:33 PM GMT+1. Market Open.

London offices to be powered by Devon sunshine

London offices are to be powered by Devon sunshine after corporate landlord Workspace Group struck a solar power deal with Europe’s largest renewable energy generator.

The Telegraph 4 months ago

WKPPF
UPDATE 2-London-focused Workspace forecasts strong second-half rental growth

Workspace Group on Tuesday forecast strong rental growth in the second half of the current fiscal year, after the London-focused flexible office-space provider posted a half-year loss as elevated interest rates hit the valuation of its buildings. Flexible space operators such as Workspace have performed well on the operational front as tenants opt for short-term leases and reassess strategies periodically amid broader economic worries. Workspace has a different business model to WeWork and owns their buildings unlike the U.S. firm, but the company's finance chief Dave Benson said that the WeWork's restructuring might benefit Workspace.

Reuters 5 months ago

WKPPF

Performance Overview

Return	WKP.L	FTSE 100
YTD	-13.38%	+4.07%
1-Year	+8.77%	+1.69%
3-Year	-31.18%	+15.99%