Workspace Group PLC
4.16
EUR
0.00
(0.00%)
ISIN
GB00B67G5X01
Return %
Stock
S&P 500
1Y
-8.77
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
GBP
•
in mil. unless spec.Working Capital
GBP
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in mil. unless spec.Growth Rates
GBP
•
in mil. unless spec.Semi-annual Revenue
GBP
•
in mil. unless spec.Semi-annual Earnings Per Share
GBP
•
in mil. unless spec.Semi-annual Dividends Per Share
GBP
•
in mil. unless spec.Company Description
- CEO
- Charles Richard Green
- Full Time Employees
- 283
- Sector
- Finance
- Industry
- Real estate investment trusts
- Address
- Centro One London GL United Kingdom SW9 6DE
- IPO Date
- Dec 15, 1993
- Website
- workspacegroup.co.uk
- Similar Companies
- Business
- Workspace Group plc (WKP.L) is London's leading owner, operator and developer of flexible workspace as a FTSE 250 real estate investment trust (REIT); the company owns and manages approximately 4.3 million square feet of sustainable business space across 65-73 properties in dynamic London locations, providing adaptable offices, studios, co-working areas, meeting rooms, communal breakout spaces, cafes, showers and cycle storage primarily to over 3,000 small and medium-sized enterprises (SMEs) including startups, creators, makers, innovators and disruptors in sectors such as marketing, consultancy, fashion, finance, software, architecture, music and content production. Founded in 1987 as London Industrial plc through the privatisation of the Greater London Council's industrial portfolio and headquartered at Centro One, 39 Plender Street, London NW1 0DT, Workspace focuses on multi-let industrial, office and creative properties in vibrant neighbourhoods near transport hubs, employing a proprietary in-house operating platform for customer management, lettings, facilities, billing and data insights to support flexible lease terms, scalability and customer retention. The company generates revenue mainly from short-term rentals and ancillary services, emphasizing urban regeneration, active asset management through refurbishments, redevelopments and sustainability initiatives targeting net zero carbon by 2030. Recent developments include robust demand with 326 new lettings worth £7.3 million in Q2 FY2026; completion of capital-light upgrade pilots at The Leather Market and Vox Studios with plans for selective expansion; disposals of £52.4 million in low-conviction assets as part of a portfolio review to accelerate growth; a landmark 20-year, 32,000 square foot lease at The Old Dairy in Shoreditch with Qube for a music and content creator hub, alongside a £3 million minority equity stake in Qube to tap structurally growing SME segments and foster scalable specialist offerings; a five-year lease to Wild Cosmetics at Kennington Park following its Unilever acquisition, enabling Workspace's head office relocation to The Centro Buildings in Camden; and ongoing strategic asset sales to maintain low leverage while upgrading high-conviction properties.
Company News
Workspace Group Plc (WKPPF) Q4 2026 Earnings Call Transcript
Workspace Group H2 Earnings Call Highlights
Workspace Group faces boardroom challenge by activist shareholder
Workspace Group shares fall 15% after warning of substantial profit drop in the coming year
FTSE 100: European stocks dragged down as dollar rallies and gold exert pull
Saba Capital Releases Letter Sent to Workspace Group Plc's Board of Directors
Workspace Group price target lowered to 630 GBp from 655 GBp at Barclays