Workspace offloads Raynes Park industrial site for £20m

8th Nov 2024 07:51

(Sharecast News) - London-focused office owner and operator Workspace Group has disposed of another non-core asset with the sale of Raynes Park redevelopment site, the Rainbow Industrial Estate.

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London close: Stocks finish lower as oil prices sink

15th Oct 2024 15:39

(Sharecast News) - London markets ended Tuesday in negative territory, driven primarily by a sharp decline in energy stocks following a drop in oil prices.

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London midday: Stocks weaker on UK jobs data, oil prices

15th Oct 2024 10:51

(Sharecast News) - London markets were in the red by lunchtime on Tuesday, as investors responded to ongoing concerns about the UK jobs market, while oil prices fell.

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Workspace reports solid demand despite rent roll dip

15th Oct 2024 08:42

(Sharecast News) - Workspace Group reported solid demand for its flexible office space in its second quarter on Tuesday, completing 296 new lettings with a total rental value of £7.4m, although like-for-like occupancy dipped 0.7% to 87.5% as a higher-than-usual number of larger customers vacated premises.

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Workspace sells Woking development for £13m

29th Jul 2024 07:15

(Sharecast News) - Workspace Group on Monday said it had sold a residential development in Woking, south of London, called 'The Planets' for £13m.

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Workspace grows Q1 rental income as pricing improves

11th Jul 2024 07:59

(Sharecast News) - Office owner and operator Workspace Group said an improvement in pricing helped lift rental income in its first quarter as occupancy held stable, while new lettings were bolstered by "resilient" customer demand.

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London close: Stocks rise as UK election enters final hours

4th Jul 2024 15:41

(Sharecast News) - London stocks remained in the green by the close on Thursday, buoyed by optimistic market sentiment as UK voters headed to the polls amid widespread expectation of a Labour party victory.

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Workspace losses swell, but CEO predicts improving valuations

5th Jun 2024 07:36

(Sharecast News) - Office owner and operator Workspace Group reported strong rental income growth in the year to 31 March, though losses widened substantially due to falling property valuations.

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Workspace poaches Capital & Regional boss as new CEO

8th May 2024 08:01

(Sharecast News) - Office provider Workspace has appointed Capital & Regional boss Lawrence Hutchings as its chief executive designate to replace its current CEO who announced his retirement in January.

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Workspace Group reports resilient fourth quarter

17th Apr 2024 08:27

(Sharecast News) - Office space provider Workspace Group reported resilient customer demand in an update on Wednesday, having completed 343 new lettings in its fourth quarter and boasting a total annual rental value of £8.7m.

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Workspace Group CEO to retire this year

25th Jan 2024 08:14

(Sharecast News) - The chief executive Workspace Group has announced his intention to retire on Thursday after 16 years with the London-focused office provider, as the company reported higher rent rolls and pricing during its third quarter.

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London close: Stocks rise as US jobless claims slow

4th Jan 2024 13:07

(Sharecast News) - London markets showed mixed performance on Thursday as investors digested the latest UK services and mortgage data and a fall in jobless claims across the pond.

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Workspace signs 10-year renewable energy supply deal with Statkraf

13th Dec 2023 07:15

(Sharecast News) - Workspace Group said it had signed a 10-year deal to buy electricity from renewable energy supplier Statkraf.

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London close: Stocks slip ahead of FOMC minutes, Autumn Statement

21st Nov 2023 15:19

(Sharecast News) - London stocks finished in the red on Tuesday as investors examined the latest UK borrowing data ahead of Wednesday's Autumn Statement.

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Workspace swings to £178m first-half loss as valuations sink

21st Nov 2023 07:20

(Sharecast News) - London-focused office, industrial and workshop space provider Workspace swung to a big loss in the first half of the year as a result of a £178m reduction in valuations.

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