Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
WOTSO Property ( (AU:WOT) ) has shared an announcement.
WOTSO has confirmed that the call option over its Yandina property in Queensland has been exercised, locking in a $27 million sale with settlement scheduled for 17 February 2026 and expected net proceeds of about $16.5 million. The company plans to redeploy the funds into expanding its property portfolio in support of its operating businesses, a move that signals continued portfolio recycling and growth in flexspace‑suitable assets, with potential implications for its capital allocation strategy and long‑term positioning in the suburban and regional flexible workspace market.
The most recent analyst rating on (AU:WOT) stock is a Hold with a A$0.54 price target. To see the full list of analyst forecasts on WOTSO Property stock, see the AU:WOT Stock Forecast page.
More about WOTSO Property
WOTSO is an ASX-listed group combining a flexible workspace solutions business with a property portfolio valued at more than $300 million. It provides private offices, coworking spaces and virtual offices tailored to start-ups, established firms and remote workers, with a strategic focus on suburban and regional flexible workspace markets, underpinned by disciplined site selection and operational execution.
Average Trading Volume: 9,939
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$84.11M
See more data about WOT stock on TipRanks’ Stock Analysis page.