Workspace Group (WKP)

Sector:

Property Investment Trusts

Index:

FTSE 250

395.00p
   
  • Change Today:
      2.50p
  • 52 Week High: 663.00p
  • 52 Week Low: 381.00p
  • Currency: UK Pounds
  • Shares Issued: 192.31m
  • Volume: 256,908
  • Market Cap: £759.63m
  • RiskGrade: 166
  • Beta: 0.01

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 395.00p
Change Today 2.50p
% Change 0.64 %
52 Week High 663.00p
52 Week Low 381.00p
Volume 256,908
Shares Issued 192.31m
Market Cap £759.63m
Beta 0.01
RiskGrade 166

Workspace Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
4.99% above the market average4.99% above the market average4.99% above the market average4.99% above the market average4.99% above the market average
68.00% above the sector average68.00% above the sector average68.00% above the sector average68.00% above the sector average68.00% above the sector average
Price Trend
62.14% below the market average62.14% below the market average62.14% below the market average62.14% below the market average62.14% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Income
76.55% above the market average76.55% above the market average76.55% above the market average76.55% above the market average76.55% above the market average
91.30% above the sector average91.30% above the sector average91.30% above the sector average91.30% above the sector average91.30% above the sector average
Growth
6.21% below the market average6.21% below the market average6.21% below the market average6.21% below the market average6.21% below the market average
7.14% above the sector average7.14% above the sector average7.14% above the sector average7.14% above the sector average7.14% 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
  Final Interim
Ex-Div 03-Jul-25 09-Jan-25
Paid 01-Aug-25 03-Feb-25
Amount 19.00p 9.40p

Trades for 18-Jul-2025

Time Volume / Share Price
14:59 1 @ 395.50p
14:59 1 @ 395.50p
15:00 0 @ 396.00p
15:00 0 @ 396.00p
14:56 1 @ 395.50p

Workspace Group Key Personnel

CFO David Benson
CEO Lawrence Hutchings

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