Workspace is benefiting from a confluence of strong drivers so that the group is producing excellent results. Today's figures do not disappoint. The strength of the SME sector in London, the underlying rental appreciation due to supply constraints and the underlying low base rents have led strong results and management confidence in the momentum is underpinned by the 25% increase in dividend. Competition is growing in the temporary leasing market but the models differ from Workspace in type o

11 Nov 2015
Panmure Morning Note 11-11-15

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Panmure Morning Note 11-11-15
Workspace Group PLC (WKP:LON) | 394 9.8 0.6% | Mkt Cap: 757.2m
- Published:
11 Nov 2015 -
Author:
Sue Munden -
Pages:
3 -
Workspace is benefiting from a confluence of strong drivers so that the group is producing excellent results. Today's figures do not disappoint. The strength of the SME sector in London, the underlying rental appreciation due to supply constraints and the underlying low base rents have led strong results and management confidence in the momentum is underpinned by the 25% increase in dividend. Competition is growing in the temporary leasing market but the models differ from Workspace in type o