UK's other publicly listed workspace company, called Workspace Group (and not to be confused with the International Workspace Group who are also UK-based and listed) shared that they're focussing on London's 10-100 employee market amid lower than preferred recent financial results.

Those results? Like-for-like occupancy down from 88% to 83%, but still posting a pre-tax profit of €6.4M through 1,266 lettings and 500 renewals.

Another note is that unlike many larger asset-light operators, Workspace owns and operates its own properties, managing office buildings worth over €2.7B. Another not-so-silent example of a propco/opco model in action.