TSX:BPO.PR.A - Post by User
Post by
wynneron Jun 06, 2024 3:53pm
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Post# 36076120
Are they having a laugh?
Are they having a laugh? Flexible office provider Workspace said its “future is bright” after it revealed a 8.7 per cent increase in profit for the year to March.
The FTSE 250 company said demand across its 78 hybrid working buildings also remained strong.
Throughout the year, the business completed 1,238 lettings and 705 lease renewals, worth £53.3m in terms of rent roll. On a like-for-like basis, the company’s rent roll jumped 9.6 per cent.
It reported like-for-like rent per square foot of £44.27, up 10.4 per cent compared to the prior year.
https://www.cityam.com/workspace-flexible-office-provider-calls-market-bottom-as-workers-return-to-the-city/