Workspace Group (WKP)

Sector:

Property Investment Trusts

Index:

FTSE 250

417.00p
   
  • Change Today:
    -3.00p
  • 52 Week High: 663.00
  • 52 Week Low: 381.00
  • Currency: UK Pounds
  • Shares Issued: 192.14m
  • Volume: 771,279
  • Market Cap: £801.24m
  • RiskGrade: 166

Workspace sells Woking development for £13m

By Frank Prenesti

Date: Monday 29 Jul 2024

LONDON (ShareCast) - (Sharecast News) - Workspace Group on Monday said it had sold a residential development in Woking, south of London, called 'The Planets' for £13m.
The company which provides flexible workspace said the redevelopment site formed part of the McKay portfolio acquired in May 2022 and received planning consent for 366 residential units in November 2022. It has been sold at an 18%, or £2m, premium to a March 2024 valuation.

"This disposal is a further example of our strategy to continually recycle capital into our extensive project pipeline, whilst also strengthening our balance sheet," said chief executive Graham Clemett.

Reporting by Frank Prenesti for Sharecast.com

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Workspace Group Market Data

Currency UK Pounds
Share Price 417.00p
Change Today -3.00p
% Change -0.71 %
52 Week High 663.00
52 Week Low 381.00
Volume 771,279
Shares Issued 192.14m
Market Cap £801.24m
RiskGrade 166

Workspace Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
8.66% above the market average8.66% above the market average8.66% above the market average8.66% above the market average8.66% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Price Trend
56.63% below the market average56.63% below the market average56.63% below the market average56.63% below the market average56.63% below the market average
92.86% below the sector average92.86% below the sector average92.86% below the sector average92.86% below the sector average92.86% below the sector average
Income
72.88% above the market average72.88% above the market average72.88% above the market average72.88% above the market average72.88% above the market average
82.61% above the sector average82.61% above the sector average82.61% above the sector average82.61% above the sector average82.61% above the sector average
Growth
29.88% above the market average29.88% above the market average29.88% above the market average29.88% above the market average29.88% above the market average
62.96% above the sector average62.96% above the sector average62.96% above the sector average62.96% above the sector average62.96% above the sector average

What The Brokers Say

Strong Buy 5
Buy 4
Neutral 2
Sell 0
Strong Sell 0
Total 11
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Workspace Group Dividends

  Latest Previous
  Interim Final
Ex-Div 09-Jan-25 04-Jul-24
Paid 03-Feb-25 02-Aug-24
Amount 9.40p 19.00p

Trades for 30-May-2025

Time Volume / Share Price
16:20 0 @ 416.50p
16:20 0 @ 416.50p
16:11 0 @ 418.00p
16:11 0 @ 418.00p
16:08 2 @ 418.00p

Workspace Group Key Personnel

CFO David Benson
CEO Lawrence Hutchings

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