Workspace Group Plc (WKP.L)
| Previous close | 495.00 |
| Open | 486.50 |
| Bid | 468.50 x 0 |
| Ask | 680.00 x 0 |
| Day's range | 484.00 - 492.00 |
| 52-week range | 449.20 - 617.00 |
| Volume | |
| Avg. volume | 234,361 |
| Market cap | 944.197M |
| Beta (5Y monthly) | 1.06 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -1.16 |
| Earnings date | 23 May 2024 - 27 May 2024 |
| Forward dividend & yield | 0.26 (5.33%) |
| Ex-dividend date | 04 Jan 2024 |
| 1y target est | 610.75 |
The TelegraphLondon 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.
- Reuters
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.
