Flexible London Landlord Workspace Warns on Profits, Dividend

Workspace Group Plc has warned investors it faces a “substantial” profit squeeze due to higher costs and lower rents that will force the London-based flexible office landlord to cut its...

By Natasha Voase · Bloomberg Markets

Workspace Group Plc has warned investors it faces a “substantial” profit squeeze due to higher costs and lower rents that will force the London-based flexible office landlord to cut its dividend.