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An update from Workspace Group plc R.E.I.T. ( (GB:WKP) ) is now available.
Workspace Group plc has announced a leadership transition, with Chief Executive Officer Lawrence Hutchings stepping down from his role and from the board, and Charlie Green, co-founder and former CEO of flexible workspace operator The Office Group (now Fora), set to take over as CEO on 2 February 2026. The board emphasised continuity of its existing ‘Fix, Accelerate and Scale’ strategy, highlighting Green’s track record in growing flexible workspace platforms and improving operational performance as key to accelerating execution, while confirming that trading in the third quarter was in line with expectations and that incoming CFO Tom Edwards-Moss will join in February alongside an orderly handover from outgoing CFO Dave Benson, signalling a managed transition aimed at rebuilding occupancy, driving income growth and enhancing shareholder returns.
The most recent analyst rating on (GB:WKP) stock is a Hold with a £434.00 price target. To see the full list of analyst forecasts on Workspace Group plc R.E.I.T. stock, see the GB:WKP Stock Forecast page.
Spark’s Take on GB:WKP Stock
According to Spark, TipRanks’ AI Analyst, GB:WKP is a Neutral.
Workspace Group plc’s overall stock score reflects a stable financial performance with strong cash flow generation but low profitability. The technical analysis indicates a bearish trend, while the valuation is mixed with a high dividend yield but negative earnings. The earnings call and corporate events provide some positive signals, but challenges remain in occupancy and valuation.
To see Spark’s full report on GB:WKP stock, click here.
More about Workspace Group plc R.E.I.T.
Workspace Group plc is a London-focused real estate investment trust and a leading owner and operator of sustainable, flexible workspaces, providing design-led, customer-focused office environments across the UK capital for businesses seeking modern, adaptable space.
Average Trading Volume: 674,642
Technical Sentiment Signal: Sell
Current Market Cap: £805.5M
For an in-depth examination of WKP stock, go to TipRanks’ Overview page.