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WOTSO Property ( (AU:WOT) ) has shared an announcement.
WOTSO has officially changed its name from WOTSO Property to WOTSO, reflecting its transition from a traditional real estate investment trust to a flexible workspace platform. This strategic shift aims to enhance long-term value creation through operating income expansion and active asset repositioning, while maintaining a strong real estate foundation and a lowly geared balance sheet.
More about WOTSO Property
WOTSO operates in the flexible workspace industry, offering scalable solutions for small to medium businesses. The company focuses on expanding its network of flexible workspaces across suburban and regional areas in Australia and New Zealand, supported by a robust real estate portfolio.
YTD Price Performance: -24.68%
Average Trading Volume: 11,183
Technical Sentiment Signal: Buy
Current Market Cap: A$96.51M
Learn more about WOT stock on TipRanks’ Stock Analysis page.