While issuing a trading update for the fourth quarter ending 31 March 2022, Workspace Group Plc (WKP.L) said its like-for-like occupancy was up 3.0% in the quarter to 89.6%, and up 7.8% over the year, now reaching normalised pre-Covid levels with scope for further growth. Like-for-like rent roll was up 4.0% in the quarter to 92.9 million pounds, with total rent roll up 3.5% to 111.0 million pounds.
Graham Clemett, CEO, Workspace Group PLC, said: "We are confident that we are well positioned for further sustainable growth and see the recommended offer for McKay Securities as an opportunity to accelerate these growth plans and generate strong returns over the medium term."
For comments and feedback contact: editorial@rttnews.com
Business News
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.