Workspace Group mulls more asset sales as Q1 rental income grows

15th Jul 2026 08:42

(Sharecast News) - London office owner and operator Workspace Group reported higher rental income in the first quarter, but said there is a "long way to go" to reposition the business as it considers selling more assets to shore up the balance sheet.

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Saba urges shareholders to back Workspace break-up

7th Jul 2026 08:53

(Sharecast News) - Saba Capital Management reiterated its tilt at Workspace Group on Tuesday, arguing that the British real estate investment trust has failed its investors.

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Saba steps up Workspace campaign with shareholder letter

17th Jun 2026 09:10

(Sharecast News) - Saba Capital stepped up its campaign at Workspace Group on Wednesday, urging shareholders to back its six board nominees and arguing that a more aggressive programme of property disposals and share buybacks would unlock greater value than the company's recently unveiled strategy.

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Saba seeks to replace all six Workspace non-exec directors

22nd May 2026 08:55

(Sharecast News) - Workspace Group said on Friday that Saba Capital had submitted a revised requisition notice seeking to replace all six of the company's non-executive directors at its 2026 annual general meeting.

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Workspace rejects Saba's proposed wind-down plan

8th May 2026 10:51

(Sharecast News) - Workspace said on Friday that it has rejected a proposal by activist investor Saba Capital to wind down the company over a 12-month period to address the discount to net asset value.

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Berenberg lowers target price on Workspace ahead of 'period of transition'

24th Apr 2026 10:08

(Sharecast News) - Berenberg lowered its target price on Workspace Group from 503p to 401p per share on Friday as it pointed to a "period of transition ahead".

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Deutsche Bank downgrades Workspace to 'hold'

20th Apr 2026 10:22

(Sharecast News) - Deutsche Bank downgraded Workspace on Monday to 'hold' from 'buy' and cut the price target to 400p from 480p as it said the company's fourth-quarter update painted "another challenging picture" for the business.

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Workspace warns of 'substantial' profit fall, shares tank

17th Apr 2026 07:18

(Sharecast News) - Shares in Workspace Group slumped at the open on Friday as the office provider said it expected a "substantial step down" in annual trading profit due to inflation, falling rents, higher interest costs and more investment in the business.

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Trading on track at Workspace despite slower market

21st Jan 2026 10:48

(Sharecast News) - Workspace Group said third-quarter trading had been in line with expectations on Wednesday, despite a slower market weighing on enquiries.

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Workspace CEO steps down after just 14 months

19th Jan 2026 07:16

(Sharecast News) - Workspace Group announced on Monday that chief executive Lawrence Hutchings is to leave the office operator after just 14 months in the role.

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Workspace taps Tom Edwards‑Moss for CFO

18th Dec 2025 07:04

(Sharecast News) - Flexible office operator Workspace appointed Tom Edwards‑Moss as chief financial officer designate on Thursday, replacing Dave Benson.

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Workspace signs new five-year lease with NHS at Camden's Centro Buildings

9th Dec 2025 08:17

(Sharecast News) - Workspace said on Tuesday that it has signed a new five-year lease agreement with the North London NHS Foundation Trust at The Centro Buildings in Camden.

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Workspace offloads three assets for £41.7m

26th Nov 2025 07:27

(Sharecast News) - Flexible offices provider Workspace announced on Wednesday that it has completed the disposal of a portfolio of three assets for £41.7m, in line with its September 2025 valuation and at a net initial yield of 7.9%.

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Workspace shares fall as it swings to half-year loss

19th Nov 2025 09:26

(Sharecast News) - Workspace Group shares fell on Tuesday after the company reported half-year results that showed further pressure on occupancy and portfolio valuations, even as management said operational progress was being made under its new 'fix, accelerate and scale' strategy.

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Workspace inks 20-year lease, investment deal with Qube

6th Nov 2025 09:34

(Sharecast News) - Workspace Group announced on Wednesday that it has signed a 20-year lease agreement with specialist flexible workspace operator Qube for 32,000 square feet at The Old Dairy in Shoreditch, as part of a new strategic partnership aimed at capturing demand from London's fast-growing creative and content industries.

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