Previous Close | 484.50 |
Open | 473.00 |
Bid | 487.00 x 0 |
Ask | 495.00 x 0 |
Day's Range | 473.00 - 492.00 |
52 Week Range | 449.20 - 617.00 |
Volume | |
Avg. Volume | 255,567 |
Market Cap | 942.278M |
Beta (5Y Monthly) | 1.06 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -1.16 |
Earnings Date | May 23, 2024 - May 27, 2024 |
Forward Dividend & Yield | 0.26 (5.38%) |
Ex-Dividend Date | Jan 04, 2024 |
1y Target Est | 610.75 |
London offices are to be powered by Devon sunshine after corporate landlord Workspace Group struck a solar power deal with Europe’s largest renewable energy generator.
Workspace Group on Tuesday forecast strong rental growth in the second half of the current fiscal year, after the London-focused flexible office-space provider posted a half-year loss as elevated interest rates hit the valuation of its buildings. Flexible space operators such as Workspace have performed well on the operational front as tenants opt for short-term leases and reassess strategies periodically amid broader economic worries. Workspace has a different business model to WeWork and owns their buildings unlike the U.S. firm, but the company's finance chief Dave Benson said that the WeWork's restructuring might benefit Workspace.
(Reuters) -Workspace Group on Tuesday forecast strong rental growth in the second half of the current fiscal year, after the London-focused flexible office-space provider posted a half-year loss as elevated interest rates hit the valuation of its buildings. Flexible space operators such as Workspace have performed well on the operational front as tenants opt for short-term leases and reassess strategies periodically amid broader economic worries. Workspace has a different business model to WeWork and owns their buildings unlike the U.S. firm, but the company's finance chief Dave Benson said that the WeWork's restructuring might benefit Workspace.