Workspace: Lettings strong but occupancy declines with clients vacating Property Leading provider of flexible office spaces Workspace reported strong lettings in the latest quarter, but saw some of its bigger clients quit as occupancy declined. The firm said it completed 296 lettings in the second quarter of 2024, generating £7.4m in annual rental income. The London-based firm’s like-for-like occupancy rate however dipped by 0.7 per [...]
Essensys shares shoot up as flexible workspace software provider beats estimates Tech Shares in software platform essensys climbed as much as 20 per cent on Thursday morning after it said it expected to report revenue, earnings and cash flow ahead of market expectations in its full year results. Essensys, which provides software and technology to the flexible workspace industry, has projected revenue of £24m and an adjusted [...]
Workspace records ‘resilient’ office demand in quieter quarter property Workspace, which was established in 1987, manages 4.4m square feet of flexible office space across 74 locations in London and the south east.
London to be boosted by £1bn mixed use property development in Blackfriars April 30, 2024 A property developer has been given the green light for a £1bn mixed use office and residential redevelopment at 18 Blackfriars in London.
Square Mile and Me: Workspace CEO Graham Clemett looks back at his career April 25, 2024 Graham Clemett, CEO of Workspace Group, takes us through his career in the Square Mile ahead of his upcoming retirement.