Workspace records ‘resilient’ office demand in quieter quarter property Workspace, which was established in 1987, manages 4.4m square feet of flexible office space across 74 locations in London and the south east.
Workspace Group reports ‘resilient’ customer demand in the fourth quarter Property Flexible office space provider Workspace Group reported resilient customer demand in the fourth quarter ending March 31st, completing 343 new lettings.
Workspace CEO: Wework’s demise will ‘benefit’ us Workspace The chief executive of Workspace has said that the demise of rival Wework will “definitely give the company some benefit.”
Workspace profits jump as demand for flexible offices grows November 21, 2023 Workspace completed 583 lettings during the half year, with occupancy levels remaining largely unchanged at at 88.7 per cent.
Real estate veteran announced as new chair of London-focused Workspace February 28, 2023 An industry veteran and former Schroders real estate chief has been unveiled as the chair of flexible office company Workspace. Stephen Hubbard will step down from his position in July after three years in post, with Duncan Owen taking the helm of the flexible working space group. Hubbard joined the real estate investment trust’s board [...]
Workspace says it’s not all doom and gloom for the capital November 15, 2022 Workspace said that despite the “economic doom and gloom”, the capital was still splashing the cash on offices. The London focused flexible working space said profits after interest climbed 33.5 per cent to £29.1m in the half year, driven by a 36.8 per cent (£15.1m) increase in net rental income to £56.1m and ongoing demand [...]
Workspace says office demand remains strong despite strike disruption and extreme weather October 13, 2022 Workspace said demand for office space in the second quarter remained resilient, despite extreme hot weather and tube and rail strike disruption. The flexible working space firm reported strong conversion of demand into lettings with 317 lettings completed in the quarter and 642 lettings in the first half, with a total rental value of £17.5m [...]
Flexible office firm Workspace has dip in enquiries but increase in rent roll July 21, 2022 Flexible office firm Workspace suffered a dip in enquiries and a big increase in rent as many return to permanent desk jobs. The company’s average enquiries, viewings and lettings were all down in the first quarter of 2022/3 compared to the same period last year, when some pandemic restrictions were still in place. It reported [...]
Workspace posts slow but steady recovery amid hybrid office return April 7, 2022 Workspace Group makes a bounce back, with like-for-like occupancy for office space up three per cent thanks to SMEs demand.
Workspace bets on the office return with £45m Islington acquisition November 17, 2021 Office-space provider Workspace has announced it has bought out a smaller competitor, The Busworks, in a £45m deal as more people return to offices in London. The FTSE-250 company today said it will upgrade the iconic building, a former Victorian bus factory from 1888, which is currently being used as office spaces to rent. The [...]