WorkSpace

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Price War Catches Up with Workspace Group as Rent Roll Declines

Flexible Office Space operator Workspace Group has reported that its rent roll is down for Q.2 despite a rise in occupancy levels.   The company has revealed that its rent roll figures fell by 2.9% during the second quarter to ÂŁ48m despite seeing increased “stability” in occupancy levels.  In a …

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Serviced Office Operators in London Announce 49% Share Acceptance

London-based Serviced Office and flexible lease Office operator Workspace has announced that it has received acceptances for 49% of the 870m new shares issued by the company which were offered at 10p each.  The company maintains a portfolio of six serviced offices across London’s City, London West End and Croydon.

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London Serviced Office Providers See Continued Loss

Central London Serviced Office Providers Workspace have released further reports of loss and suffering occupancy levels.  Offering Serviced Offices set in and around central London the provider’s properties are positioned in one of the areas worst hit by the impending recession with continued reports of a slumping London market hitting …

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