The FTSE 250 index was in the red on Monday, in sync with wider global stock markets as trade worries weighed.
Workspace Group has been granted planning consent for a refurbishment of 12-13 and 14 Greville Street in Farringdon, and for additional space at the Biscuit Factory in Bermondsey, it announced on Tuesday.
Alliance Pharma: Numis downgrades to add with a target price of 99p.
Workspace Group issued its full-year results for the year ended 31 March on Wednesday, reporting profit before tax of £170.4m - up from £88.8m - with "significant" increases in both trading profit and property valuation.
All eyes on Wednesday will continue to be on markets' biggest bugbears of late, populist parties in Rome and the ongoing global trade tensions
Workspace was in the red on Tuesday as Deutsche Bank cut its stance on the stock to 'hold' from 'buy' following a 20% rally in the share price since the end of February.
(WebFG News) - Workspace has acquired two further Centro buildings for £76.5m in cash.
FTSE 250-listed office space provider Workspace Group said it had been given planning permission for a £15m refurbishment at The Shaftesbury Centre in west London's Ladbroke Grove.
Workspace Group has been granted planning permission for a significant mixed-use redevelopment at its Chocolate Factory and Parma House properties in Wood Green, north London, it announced on Thursday.
Workspace has exchanged contracts to buy five of the Centro Buildings in Camden, London, for £109m.
Workspace Group reported a continuation of strong customer demand for much of its third quarter to 31 December on Thursday, with a seasonal fall in enquiries seen in December.
"Sell" Just Eat shares, was the recommendation in the Sunday Times' Inside the City column, a stance it has taken at 420p and 580p. At just under 820p for a market capitalisation of £5.56bn, the stock is changing hands at a forward p/e ratio of 52, while its physical assets are valued at around £12m. Just Eat has signed up almost 80,000 restaurants around the globe, both small businesses and large chains, where their wares are offered via an online marketplace where hungry households can search for the best curry, pizza or sushi takeaway in their vicinity.
Numis Securities said on Friday that after the release of real estate investment trust Workspace's first-half results its future seemed to be far from "plain-sailing" despite the group having been "seemingly unphased" by the activity of competitor WeWork.
Workspace posted a jump in interim pre-tax profit and net rental income on Wednesday amid good customer demand.
Workspace has exchanged contracts for the disposal of Stratford Office Village, E15, for £14m, which is in line with the 31 March valuation.
Workspace has exchanged contracts for the disposal of Zennor Road Industrial Estate in Balham, London, for £30m.
Workspace has priced a £200m private placement made up of £80m eight-year notes and £120m 10-year notes to fund the group's investment plans.
Next: Jefferies upgrades to Hold with a target price of 3850p.
Workspace Group saw "strong" customer demand in its first quarter, it reported on Friday, with enquiries averaging 1,055 per month - slightly down on the 1,060 per month average during the 2017 financial year - with lettings averaging 95 per month, down from the full-year average of 99.
Workspace Group announced on Friday that it acquired Salisbury House at 28-31 Finsbury Circus, London EC2, for a cash consideration of £158.7m.