Workspace Group plc
WKPPF
Other OTC4.60
USD
- -
- -
ISIN
GB00B67G5X01
Return %
Stock
S&P500
1Y
-20.69
17.85
3Y
-21.90
64.56
5Y
-60.78
69.89
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Charles Richard Green
- Full Time Employees
- 283
- Sector
- Real Estate
- Industry
- REIT - Office
- Address
- Centro One London GL United Kingdom SW9 6DE
- IPO Date
- Oct 27, 2020
- Website
- workspace.co.uk
- Similar Companies
- Business
- Workspace Group plc (WKPPF) owns and operates flexible workspace properties across London, providing short-term leases and business spaces to small and medium-sized enterprises (SMEs) in creative, innovative and growing sectors; its core offerings include serviced offices, co-working spaces, private offices, meeting rooms, communal breakout areas, cafes and facilities such as cycle storage and showers within multi-let buildings featuring characterful designs and urban regeneration projects. The FTSE 250 real estate investment trust, founded in 1987 as London Industrial plc from the privatisation of the Greater London Council's industrial portfolio and headquartered at Centro One, 39 Plender Street, London NW1 0DT, manages approximately 4.2 million square feet across 64 sustainable properties clustered in vibrant neighbourhoods near transport hubs, including flagship sites like The Leather Market, Vox Studios, The Old Dairy in Shoreditch, Metal Box Factory and The Biscuit Factory; it targets SMEs in industries such as marketing, consultancy, fashion, finance, software, architecture and content creation, deriving most revenue from rental income supported by an in-house proprietary platform for customer management, marketing, lettings and facilities. Recent developments include the completion of capital-light upgrade projects at The Leather Market and Vox Studios with positive customer feedback, selective expansion of this programme to other high-conviction buildings, disposal of non-core assets totaling £52.4 million at 1.6% below March 2025 book value, a strategic 20-year lease of 32,000 square feet at The Old Dairy to Qube for a content creators' hub accompanied by a £3 million minority equity stake in Qube, refinancing of £200 million in bank facilities to extend maturities, relocation of its headquarters amid a new lease with Wild Cosmetics, and increased stake by activist investor Saba Capital Management to 10% as of late 2025.
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
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