Workspace Share Discussion Threads

[hawaly] 10/11/2015 08:51

Office building in London at a 7-year high
Rents likely to rise as space falls to 14-year low

[irish_neris] 22/10/2015 07:53

11.50 maybe a reasonable target, still a shortage of good ready office space around london and the company has some good assests and potential future builds. Nice bit of a rebound in the last few days

[discodave4] 12/10/2015 13:14

Deutsche target Buy 1150DD

[suetballs] 22/9/2015 08:02

More good news at Raynes Park.
Suet

[discodave4] 08/9/2015 21:56

Broker upgrade?, cannot find anything which would explain today's rise, not that I'm complaining......Just catching up I guess.DD

[discodave4] 04/9/2015 08:42

Spoke too soon!, aah well, third time lucky.DD

[discodave4] 03/9/2015 19:29

Cracked the nut at the second attempt by the looks of it.GLDD

[ustapro] 03/9/2015 12:09

100dma proving a difficult nut to crack here.

Maybe a short trade if general market turns back down?

[hawaly] 25/8/2015 15:16

FT

Shard Sets new record for rents....



Extract:

Neil Prime, head of UK office agency at JLL property advisers, said a shortfall in development finance over the past half-decade had seen little new space being built in London. Combined with the city’s growing economy, this supply shortage has produced heated competition for offices.


The supply of “the best space” is now “critically low”, Mr Prime said.

As a result, “occupiers are beginning to focus on areas of London outside their traditional locations”, he said

[discodave4] 24/8/2015 09:58

Mm's taking candy from a baby!DD

[sogoesit] 13/8/2015 09:57

1,000p is going to be a psychological barrier but once above, it could motor again.
LT holder last accumulated at 900p

[hawaly] 13/8/2015 09:03

From today's FT:


Derwent profits from office space squeeze
33 minutes ago


Shares in UK Tech Belt landlord Derwent London surged 4 per cent at the open this morning as the company reported it has seen surging growth in both rents and the value of its property portfolio, thanks to "strong" demand from corporate occupiers and "voracious" demand from investors.

Derwent is one of the most prominent landlords in the eastern fringes of the City where London's tech companies tend to cluster, and it has benefited from the area's transformation from gritty and rundown to a thriving business community, writes Kate Allen.

The price of new rents agreed by Derwent has risen by 5.2 per cent in the six months to end-June, while the value of its buildings jumped by 9.1 per cent to £4.6bn......

Despite London's rapidly growing economy it faces a shortage of good-quality office property, as little new construction took place during the extended half-decade-long property market downturn.

[mike740] 05/8/2015 14:01

WKP Workspace Group

BROKER BUY VIEWS....

Date Broker Rec. Price Old target price New target price Notes
21 Jul 15 Canaccord Genuity Buy 971.00 1,081.00 1,081.00 Reiterates
16 Jul 15 Investec Add 971.00 856.00 1,019.00 Reiterates
04 Jun 15 Liberum Capital Buy 971.00 1,100.00 1,100.00 Retains
03 Jun 15 Panmure Gordon Buy 971.00 957.00 1,010.00 Reiterates
01 Jun 15 JP Morgan Cazenove Overweight 971.00 920.00 980.00 Reiterates

[mike740] 05/8/2015 13:33

WKP Workspace up to date chart overlook...........

SP in general, following flat market but not falling into negative territory.

Just biding time and waiting for the market to break up if figures on Non Farm Pay Roll on Friday from US is positive.

[mike740] 03/8/2015 21:51

Correction.... 25 points on chart above not 50. Sorry.

[mike740] 03/8/2015 21:44

WKP Workspace,

chart set up looks very interesting and could be very profitable in probably a short term time frame. One to monitor in the next 48 hours.

[leeson31] 15/7/2015 11:46

morning :-)

[discodave4] 15/7/2015 11:45

Good morning Leeson.

[leeson31] 15/7/2015 11:09

i lurk Dave! :-)

[discodave4] 15/7/2015 11:00

Really good figures today, the metrics support the headliner of "strong growth continues".Only lfl occupancy has dropped slightly.Quiet board!.DD

[discodave4] 10/7/2015 19:01

Canaccord Buy 1081 (from 979)

[discodave4] 08/7/2015 22:02

Ex div tomorrow (8.15p).GLDD

[discodave4] 07/6/2015 10:47

Midas tip update today:http://www.thisismoney.co.uk/money/investing/article-3113716/MIDAS-SHARE-TIPS-UPDATE-Workspace-Group-shares-rise-38.htmlDD

[sogoesit] 03/6/2015 12:17

Many thanks for the clarification, Disco.
Certainly doing well today.
Good luck to you and all.

[discodave4] 03/6/2015 10:54

Nice set of numbers, beat forecasts.Sogoesit,The NAV of 870p from Peel Hunt was their forecast for this current financial year.That's only a 23% uplift, just reported 42% increase for last year so Peel Hunt may be revising their forecasts!?.GLDD