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."
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