Workspace To Deliver 24 Furnished Units By Dec 2026, 100+ More In 2027

By Reuters News

Oct 15 (Reuters) - Workspace Group PLC WKP.L:

  • WORKSPACE GRP PLC - WORKSPACE GROUP PLC SECOND QUARTER BUSINESS UPDATE

  • WORKSPACE - TO DELIVER 24 FURNISHED UNITS BY DEC 2026, 100+ MORE IN 2027

  • WORKSPACE: TRANSACTIONS ARE TAKING LONGER AND, IN SOME CASES, BUYERS' PRICING EXPECTATIONS HAVE BEEN SUBSTANTIALLY BELOW BOOK VALUE

  • WORKSPACE: ADDITIONAL £100M+ OF DISPOSALS ANNOUNCED AS UNDER CONSIDERATION IN JUNE LIKELY TO TAKE MORE TIME

  • WORKSPACE: OCCUPANCY AND RENTS REMAIN RESILIENT DESPITE A QUIETER QUARTER FOR CUSTOMER ACTIVITY

  • WORKSPACE - Q2 STABILISED PORTFOLIO OCCUPANCY DOWN 0.5PP TO 82.8%, RENT UP 0.4% TO £46.13PSF

  • WORKSPACE - Q2 TOTAL PORTFOLIO OCCUPANCY DOWN 1.0PP TO 79.2%, RATE UP 0.1% TO £42.71PSF

Further company coverage: WKP.L

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