Workspace Group Plc (WKPPF.PK), Wednesday announced a business update for the third quarter ending 31 December 2025, reporting good demand with 322 new lettings completed in the period with a total rental value of 10.2 million pounds.
However, enquiries and viewings were down during the quarter due to the usual seasonal downturn in activity in December, as well as the late timing of the Autumn Budget.
Like-for-like occupancy was up 0.9 percent to 81.2 percent and like-for-like rent per sq. ft went down 1.4 percent to 47.13 pounds, driving a 0.1 percent reduction in like-for-like1 rent roll in the quarter to 104.1 million pounds, the company stated.
Workspace also hinted about welcoming its new chief executive officer, Charlie Green, in early February.
Currently, WKP is moving up 18.96 percent, to $5.65 on the OTC Markets.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.