Workspace Group - WKP Stream Log

Liberum note out on Research Tree this morning: "Workspace's opportunity to sustain sector leading returns remains well supported by rising rents still at a low base, prospective gains on a significant project pipeline and a service offering positioned for changing trends towards flexible office occupation. While we downgrade earnings by 13% to reflect asset disposals, we upgrade underlying rental growth and NAV by 2%."

Liberum's note out this morning on Research Tree: "Stellar rental growth drives another year of outperformance. NAV +31% is 4% ahead of our forecast and EPS +56% is 6% ahead. LFL rental growth of +15% is enhanced by strong lettings on completed projects and operational gearing. While disposals will limit earnings growth through FY17, 3% quarterly rental growth momentum should underpin another year of underlying double digit gain, at the top end of the sector..."

Welcome to the new Workspace Group stream forum! Messages posted in the Workspace Group stream will be logged here for posterity.