Workspace announced the completed acquisition of Mckay securities on Friday, which increased the company’s portfolio of gross property assets to £2.9 billion with 5.5 million sq ft of lettable space. The group bought McKay for a valuation of 297p per share, representing a total amount of approximately £272 for the entire value of shares both […]

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Workspace shares (LON: WKP) were down 3.24% on Wednesday after the group shared its half-year results for the period to 30 September 2020. Despite the challenging operating environment amid the pandemic, the group shared results that showed “resilience” thanks to its flexible customer-focused offering and freehold ownership model. In the six months to the end […]

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With lockdown slowly but surely coming to an end, and the UK government’s furlough scheme set to wrap up in October, the vast majority of employees across the country now face the awkward reality of going back to work in the post-pandemic world. But after months of disruption, returning to normality is not going to […]

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Despite the prime minister’s proposal of a “significant return to normality” by Christmas, it appears many businesses aren’t planning a rapid return to the old normal. Many are either streamlining their divisions, or in the case of finance teams, few provisions have been made for a return to the office in the near future. Boris […]

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IWG PLC (LON:IWG) have given shareholders a strong update on Tuesday, which has given shares a boost. The office space provider noted that it had also increased its share buyback program to £100 million following the rise in profits. The FTSE 250 listed firm added that pretax profit had tripled across 2019 to £430.1 million […]

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