Workspace Group Forum

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%."

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

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..."