Workspace Group plc R.E.I.T. (GB:WKP) has released an update.
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Workspace Group PLC reported a 4.3% increase in underlying net rental income to £60.2 million and a 4.4% rise in interim dividends, reflecting strong customer demand and pricing growth. The company’s valuation remained stable with a 2.8% increase in like-for-like rent per square foot, and they completed significant sustainability projects, including their first net-zero building. Despite a slight decline in occupancy and rent roll due to customer turnover, Workspace’s scalable platform and strategic asset management position it well for future growth.
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