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Workspace Group PLC (WKP.L)

WKP.L on London Stock Exchange

980.50GBp
18 Jan 2018
Change (% chg)

2.50 (+0.26%)
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978.00
Open
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Volume
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194,076
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Latest Key Developments (Source: Significant Developments)

Workspace Group Says Lettings In Q3 Averaged 86 Per Month ​
12:30pm IST 

Jan 18 (Reuters) - Workspace Group Plc ::‍LETTINGS IN Q3 AVERAGED 86 PER MONTH COMPARED TO 85 PER MONTH IN SAME QUARTER LAST YEAR​.‍ENQUIRIES AVERAGED 858 PER MONTH IN Q3 ​.‍PRO-FORMA LTV RATIO OF 19% AT 31 DECEMBER 2017, BASED ON 30 SEPTEMBER 2017 VALUATION​.  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

Workspace Q1 total rent roll up 4.9 pct
Thursday, 14 Jul 2016 

Workspace Group Plc : Q1 total rent roll up 4.9 pct (3.8 mln stg) to 82 mln stg (31 March 2016: 78.2 mln stg) . Q1 like-for-like rent roll up 2 pct (0.9 mln stg) to 46.8 mln stg (31 March 2016: £45.9m) ."Full impact on UK economy of last month's EU referendum is as yet unknown" - CEO.  Full Article

Workspace confirms in talks to acquire Hammersmith office campus
Friday, 17 Jun 2016 

Workspace Group Plc : Response to media speculation . Notes media speculation regarding potential acquisition of an office campus in hammersmith for around £120 million. . There can be no certainty that any transaction will proceed. .Confirms that it has been in discussions for asset in question and if acquisition was to proceed, it would be funded from existing resources.  Full Article

Workspace to sell remaining properties in Blackrock Workspace JV
Tuesday, 14 Jun 2016 

Workspace Group Plc : Exchange of contracts for disposal of remaining seven properties in Blackrock Workspace Property Trust joint venture, in which workspace has a 20 pct interest, for 118 mln stg . Following completion of these disposals, a performance fee will be payable by BWPT to workspace based on returns achieved over five years of joint venture .Fee is estimated to be 24 mln stg, in line with amount recognised by Workspace in accounts for year ended 31 March 2016.  Full Article

Workspace full-year profit rises
Wednesday, 8 Jun 2016 

Workspace Group Plc : FY profit before tax up 8.7% to £391.3m (2015: £360.0m) . Total dividend per share up 25% to 15.05p (2015: 12.04p) . FY EPRA net asset value per share up 31.3% to £9.23 (2015: £7.03) . FY total net rental income up 28.4% to £74.1m (31 march 2015: £57.7m) . Like-For-Like occupancy 90.7% (31 March 2015: 91.8%) .Are aware of uncertainty caused by upcoming EU referendum but remain confident in resilience of our customer base and business model.  Full Article

Workspace Group PLC announces disposal of industrial portfolio
Thursday, 11 Feb 2016 

Workspace Group PLC:Says the exchange of contracts for disposal of five light industrial buildings for 64 mln pounds.Industrial estates - Acton, NW10, Atlas, NW2, Bounds Green, N11, Fairways, E10, and Hamilton Road, SE27 - total 396,000 sq. ft. of net lettable space with an average rent per sq. ft. of 9.07 pounds.  Full Article

BRIEF-Workspace Group Says Lettings In Q3 Averaged 86 Per Month ​

* ‍LETTINGS IN Q3 AVERAGED 86 PER MONTH COMPARED TO 85 PER MONTH IN SAME QUARTER LAST YEAR​