Discussions » 🇬🇧 Two publicly-listed UK operators share half-year results (🔗 Visit source)
Samantha McClary from the BCO breaks down the recent, and fairly positive, half year results from both British Land and Workspace Group.
British Land's Simon Carter reported that they're well positioned to continue to benefit from "the 10M sqft shortage of prime office space in Central London" and that their REIT delivered an underlying profit of £155M for the six months ending Sept 30th, up 8% on the same timeframe in 2024.
Workspace Group's chief exec Lawrence Hutchings notes that they've still got their eye on regaining their "position as flex market leader". Their rental income did dip by 3% to £58.7M over the same period.