Workspace sells residential redevelopment site to Grosvenor
24th Oct 2013 08:19
Workspace, the FTSE 250 group which owns and manages about 100 properties in London, has agreed to sell a residential redevelopment site to privately-owned property group Grosvenor for 51m pounds. The land is part of the 11-acre Biscuit Factory site in south east London. Workspace obtained planning
Read moreLondon close: FTSE 100 falls to two-week low
25th Sep 2013 16:41
Heavy falls from Carnival, Tesco and utility stocks weighed on the FTSE 100 on Wednesday while uncertainty over the US budget and Federal Reserve monetary policy continued to dampen sentiment. London's benchmark index finished 19.93 points lower at 6,551.53, a fall of 0.3% on the day. This was the
Read moreFTSE 250 movers: Workspace climbs on planning permission news
25th Sep 2013 15:54
Workspace Group, the business premises provider, was rising high on the news it has secured planning permission to redevelop its Canary Wharf business park. The group will replace existing light industrial space at its Poplar Business Park with a mix of business centre, apartment accommodation and s
Read moreWorkspace to rebuild Docklands business park - UPDATE
25th Sep 2013 07:33
Workspace Group, the FTSE 250 business premises provider, has secured planning permission to redevelop its Canary Wharf business park. The group will replace existing light industrial space at its Poplar Business Park with a mix of business centre, apartment accommodation and some new light indust
Read moreFriday broker round-up UPDATE
20th Sep 2013 08:06
African Minerals: Investec reduces target price from 393p to 246p, while its buy recommendation remains unchanged. Ashmore Group: Berenberg cuts target price from 500p to 470p and retains a buy recommendation. ASOS: Deutsche Bank raises target price from 4450p to 4800p and reiterates a hold recomm
Read moreTuesday broker round-up
3rd Sep 2013 11:13
ASOS: Exane increases target price from 5000p to 6000p and keeps an outperform rating. Associated British Foods: Exane upgrades to outperform with a target price of 2400p. Balfour Beatty: Berenberg ups target price from 270p to 300p and retains its buy recommendation. Barclays: Berenberg takes ta
Read moreFriday broker round-up UPDATE
14th Jun 2013 08:15
Amlin: UBS starts with a target price of 400p and a neutral rating. Cairn Energy: JP Morgan takes target price from 320p to 340p maintaining a neutral rating. Catlin: UBS initiates with a target price of 475p and a neutral rating. Chemring: Credit Suisse increases target price from 210p to 260p a
Read moreWednesday tips round-up: Workspace, Severn Trent, Oxford Instruments
12th Jun 2013 07:12
Workspace Group operates in a very promising - and profitable - niche of the London property market; renting space to fast-growing smaller businesses and entrepreneurs in the capital, most of them in areas such as technology, media and telecoms. More specifically, occupancy levels at the end of the
Read moreLondon open: Stocks fall as ECB gets ready to defend bond-buying plan
11th Jun 2013 08:36
Markets opened firmly in the red on Tuesday morning as traders awaited a courtroom battle in which the European Central Bank (ECB) is expected to defend its bond-buying programme. The two-day hearing into the legality of the ECB's Outright Monetary Transactions programme begins today in the German
Read moreLondon pre-open: Markets expected to slip early on
11th Jun 2013 07:33
Markets are expected to open slightly lower on Tuesday morning, extending losses made the day before, as traders await a courtroom battle where the European Central Bank (ECB) is expected to defend its bond-buying programme. City sources predict the FTSE 100 will open down 16 points from yesterday
Read moreTuesday broker round-up UPDATE
11th Jun 2013 07:22
AG Barr: Investec cuts target price from 591p to 581p, while upgrading from add to buy. Canaccord Genuity upgrades to buy with its target price at 570p. Aquarius Platinum: Nomura reduces target price from 90p to 65p, but keeps its buy recommendation. AstraZeneca: Berenberg takes target price from
Read moreWorkspace ramps up full year profit
11th Jun 2013 07:09
FTSE 250 office provider Workspace revealed a sharp increase in annual pre-tax profit and said it is ideally positioned to take advantage of the strength of the London economy. Pre-tax profit surged 58% to £76.4m for the year ended March 31st while EPRA net asset value per share increased by 13% to
Read moreWorkspace secures planning permission on Tower Bridge complex
8th May 2013 09:29
Workspace Group, which provides space to new and growing companies in London, has secured planning permission for the redevelopment of its property at Tower Bridge Business Complex. The redevelopment will provide 270,000 square foot of retained business space and 60,000 square foot of new business
Read moreWorkspace Group wins planning approval for London development
3rd May 2013 10:46
Workspace Group has received planning permission for the development of 148 apartments and a new 52,000 sq ft business centre for creative industries at its Faircharm estate in Deptford, London. The company plans to redevelop two factory buildings to provide 46,400 sq ft of space tailored to the ne
Read moreWednesday broker round-up UPDATE
6th Mar 2013 07:03
Advanced Medical Solutions: Investec takes target price from 68p to 74p and maintains a buy recommendation. Aggreko: Citigroup reduces target price from 2550p to 2100p, while keeping a buy rating. Ashtead Group: Citigroup raises target price from 590p to 660p leaving its buy recommendation unalter
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