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Workspace Group PLC (WKP.L)

WKP.L on London Stock Exchange

953.50GBp
21 Nov 2017
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Wed, Nov 8 2017

BRIEF-Workspace reports HY net rental income growth of 21 pct

* 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​

BRIEF-Office space provider Workspace sells property for 14 mln stg

* ‍ANNOUNCES THE EXCHANGE OF CONTRACTS FOR DISPOSAL OF STRATFORD OFFICE VILLAGE, E15, FOR £14M​

BRIEF-Office space provider Workspace sells industrial estate property for 30 mln stg

* PLEASED TO ANNOUNCE EXCHANGE OF CONTRACTS FOR DISPOSAL OF ZENNOR ROAD INDUSTRIAL ESTATE IN BALHAM, SW12, FOR 30 MLN STG

BRIEF-Workspace Group completes of 200 mln stg private placing

* ‍COMPLETED RAISING OF 200 MLN STG THROUGH ISSUE OF £80M EIGHT-YEAR NOTES AND 120 MLN STG TEN- YEAR NOTES, PREVIOUSLY ANNOUNCED ON 28 JULY​ Source text for Eikon: Further company coverage:

BRIEF-Workspace announces private placement of 200 mln stg

* SAYS ‍PRIVATE PLACEMENT COMPRISED OF £80M EIGHT-YEAR NOTES AND £120M 10-YEAR NOTES​

BRIEF-Workspace says records strong customer demand in Q1

* Strong customer demand in Q1, with enquiries averaging 1,055 per month (FY 2016/17: 1,060) and lettings averaging 95 per month (FY 2016/17: 99)

BRIEF-Workspace Group buys a London property for 158.7 mln stg

* It has acquired Salisbury House at 28-31 Finsbury Circus, London EC2, for a cash consideration of 158.7 mln stg

BRIEF-Workspace responds to media speculation

* ‍Notes media speculation regarding potential acquisition of Salisbury house at 28-31 Finsbury Circus, EC2 for around £158 million.​

BRIEF-Workspace Group FY pretax profit falls

* FY ‍profit before tax of 88.8 mln stg, lower than 2016 due to a smaller uplift in property valuation​

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