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Workspace Group PLC (WKP.L)

WKP.L on London Stock Exchange

878.50GBp
9:10am BST
Change (% chg)

13.50 (+1.56%)
Prev Close
865.00
Open
868.50
Day's High
880.50
Day's Low
865.00
Volume
11,920
Avg. Vol
198,660
52-wk High
1,100.00
52-wk Low
778.00

Latest Key Developments (Source: Significant Developments)

Workspace Reports Q1 Enquiries Averaging 1,060 Per Month
Thursday, 11 Jul 2019 

July 11 (Reuters) - Workspace Group PLC ::WORKSPACE GRP PLC - FIRST QUARTER BUSINESS UPDATE.WORKSPACE GROUP PLC - Q1 ENQUIRIES AVERAGING 1,060 PER MONTH (Q1 2018/19: 1,021) AND LETTINGS OF 121 PER MONTH (Q1 2018/19: 88).WORKSPACE GROUP PLC - SEEN GOOD LEVELS OF DEMAND FOR SPACE THROUGH QUARTER AT BOTH OUR LIKE-FOR-LIKE PROPERTIES AND RECENTLY COMPLETED PROJECTS.WORKSPACE GROUP PLC - NET DEBT REDUCED BY £6M IN QUARTER TO £574M, WITH CASH BALANCES AND UNDRAWN FACILITIES OF £134M AS AT 30 JUNE 2019.WORKSPACE GROUP PLC - EXPECT TO COMPLETE ANOTHER THREE REFURBISHMENT PROJECTS DURING REMAINDER OF CURRENT FINANCIAL YEAR.  Full Article

Workspace Group's FY Net Rental Income Rose 16%
Wednesday, 5 Jun 2019 

June 5 (Reuters) - Workspace Group PLC ::WORKSPACE GROUP PLC - FY NET RENTAL INCOME UP 16% TO £111.0M.WORKSPACE GROUP PLC - FY PROFIT BEFORE TAX £137.3M (2018: £170.4M.WORKSPACE GROUP PLC - FY TRADING PROFIT AFTER INTEREST UP 19% TO £72.4M.WORKSPACE GROUP PLC - FY TOTAL RENT ROLL UP 12.9% TO £127.5M.WORKSPACE GROUP PLC - FY LIKE-FOR-LIKE RENT ROLL UP 2.2% TO £76.0M.WORKSPACE GROUP PLC - FY LIKE-FOR-LIKE OCCUPANCY AT 90.9%, DOWN 0.9% IN YEAR IMPACTED BY NEW BUILDING LAUNCHES.WORKSPACE GROUP PLC - FY RENT PER SQ. FT. UP 3.8% TO £39.80.WORKSPACE GROUP PLC - FY EPRA NET ASSET VALUE PER SHARE UP 4.7% TO £10.86.WORKSPACE GROUP PLC - 20% INCREASE IN TOTAL DIVIDEND TO 32.87P.  Full Article

Workspace Says Granted Planning Permission For Refurbishment At Shaftesbury Centre
Tuesday, 10 Apr 2018 

April 10 (Reuters) - Workspace Group PLC ::HAS BEEN GRANTED PLANNING PERMISSION FOR A MAJOR REFURBISHMENT AT SHAFTESBURY CENTRE IN LADBROKE GROVE, W10..  Full Article

Workspace reports HY net rental income growth of 21 pct
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Workspace Group Plc ::WORKSPACE GROUP PLC - ‍INTERIM RESULTS​.WORKSPACE - HY GROWTH IN NET RENTAL INCOME YOY OF 21% TO £46.1M, RESULTING IN 25% GROWTH IN ADJUSTED TRADING PROFIT AFTER INTEREST TO £29.4M​.WORKSPACE GROUP PLC - ‍HY PROFIT BEFORE TAX OF £123.7M WITH A SIGNIFICANT UPLIFT IN PROPERTY VALUATION (30 SEPTEMBER 2016: £7.1M)​.WORKSPACE GROUP PLC - HY ‍EPRA NET ASSET VALUE PER SHARE OF £10.14, UP 6.4% IN SIX MONTHS​.WORKSPACE GROUP PLC - ‍UNDERLYING INCREASE OF 3.5% IN PROPERTY VALUATION TO £2,139M IN SIX MONTHS​.WORKSPACE GROUP PLC - ‍30% INCREASE IN INTERIM DIVIDEND TO 8.84P​.WORKSPACE GROUP PLC - ‍LOAN TO VALUE AT 20% WITH UNDRAWN FACILITIES (INCLUDING CASH) OF £243M AT PERIOD END​.  Full Article

Office space provider Workspace sells property for 14 mln stg
Monday, 11 Sep 2017 

Sept 11 (Reuters) - Workspace Group Plc :WORKSPACE GRP PLC - DISPOSAL.‍ANNOUNCES THE EXCHANGE OF CONTRACTS FOR DISPOSAL OF STRATFORD OFFICE VILLAGE, E15, FOR £14M​.‍SITE CURRENTLY CONSISTS OF 52,000 SQ. FT. OF SELF-CONTAINED OFFICES​.  Full Article

Office space provider Workspace sells industrial estate property for 30 mln stg
Wednesday, 30 Aug 2017 

Aug 30 (Reuters) - Workspace Group Plc :WORKSPACE GRP PLC - DISPOSAL.PLEASED TO ANNOUNCE EXCHANGE OF CONTRACTS FOR DISPOSAL OF ZENNOR ROAD INDUSTRIAL ESTATE IN BALHAM, SW12, FOR 30 MLN STG.PROPERTY WAS SOLD AT A PREMIUM OF 84 PCT (13.7 MLN STG) TO 31 MARCH 2017 VALUATION OF 16.3 MLN STG, AT A NET INITIAL YIELD OF 2.9 PCT.  Full Article

Workspace Group completes of 200 mln stg private placing
Monday, 21 Aug 2017 

Aug 21 (Reuters) - WORKSPACE GROUP PLC ::‍COMPLETED RAISING OF 200 MLN STG THROUGH ISSUE OF £80M EIGHT-YEAR NOTES AND 120 MLN STG TEN- YEAR NOTES, PREVIOUSLY ANNOUNCED ON 28 JULY​.  Full Article

UPDATE 1-UK Stocks-Factors to watch on July 11

July 11 Britain's FTSE 100 index is seen opening 26 points higher at 7,557 on Thursday, according to financial bookmakers, with futures FFIc1 up 0.21% ahead of the cash market open.