Workspace Group plc R.E.I.T. (GB:WKP) has released an update.
Workspace Group PLC has successfully sold the Rainbow Industrial Estate, a mixed-use redevelopment site in Raynes Park, for £20.3 million. This sale aligns with the company’s strategy to divest non-core assets and invest in its main portfolio to enhance returns. The site includes planning consent for 224 residential units and 37,000 sq. ft. of light industrial space.
For further insights into GB:WKP stock, check out TipRanks’ Stock Analysis page.
