Workspace Groub - interessantes invest in London um das es auffällig still ist... - 500 Beiträge pro Seite

[CrashKid]

Hab da mal etwas recherchiert:
enormer Gewinnanstieg in 2006!!!

Es gibt nicht viel zu lesen über diesen Nebenwert aus London!

Einer der Hauptaktionäre ist SPENCER NICHOLAS RODITI
Der Name wird vielleicht nicht jedem etwas sagen - Ihr könnt ja mal googlen ;-)

Er ist auf jedenfall jemand der einsteigt wenn die unternehmens News noch nicht in sämtlichen Börsenmagazinen und Board zu lesen sind ;-)

am besten man kauft direkt in London!

ab 1.Jan 07 gibts noch ne höhere dividende

" We plan to convert to a REIT on 1 January 2007. This structure will enable
shareholders to benefit from a significantly higher dividend stream, whilst not
impairing the group's strategic progress."

aber schaut selbst
www.workspacegroup.co.uk



RNS Number:3208M
Workspace Group PLC
20 November 2006



WORKSPACE UPBEAT AT INTERIMS
AS IT CONFIRMS REIT CONVERSION


Workspace Group PLC ("Workspace") today announces its interim results for the
six months to 30 September 2006. Workspace provides 5 million sq. ft of flexible
business accommodation to over 4,000 small and medium size enterprises ("SMEs")
in London and the South East.

• Adjusted Net Asset Value (NAV) per share at 30 September 2006 £3.40*, up
9.0% over the six months and up 33% over 12 months (31 March 2006: £3.12; 30
September 2005: £2.55)
• NAV per share at 30 September 2006 £2.58* up 9.0% over the six months
and up 33% over 12 months (31 March 2006: £2.37; 30 September 2005:£1.94)
• Valuation surplus for half year £59.0m (2005: £40.2m)
• Pre-tax profits £69.4m (2005: £45.8m)
• Pre-tax profits on trading operations £5.1m (2005: £6.3m restated)
• Basic earnings per share 29.4p (2005: 19.6p)
• Joint venture with Glebe established
• Total rent roll £43.0m up 8.3% (excluding Glebe JV but including
acquisitions) (31 March 2006: £39.7m restated)
• Acquisitions £42.3m since 31 March 2006 to date, with others under
negotiation
• Disposals of £171.7m (including £146.0m to the Glebe JV) since 31 March
2006
• Interim dividend 1.38 pence (2005: 1.25 pence)

* Adjusted NAV per share and NAV per share were affected by the conversion of
the loan stock during the period.


Commenting on the results, Harry Platt, Chief Executive, said,

" We have made great strides in the management of our portfolio and, we
anticipate an acceleration in rental growth. Our space remains extremely
affordable and the average rent per sq.ft has moved forward to £10.58. The start
of the JV with Glebe has been encouraging and we are already well advanced on a
number of improvement and intensification schemes."

" We plan to convert to a REIT on 1 January 2007. This structure will enable
shareholders to benefit from a significantly higher dividend stream, whilst not
impairing the group's strategic progress."

" London remains the powerhouse for SME activity in the UK. We are at the centre
of this vibrant market. The improvements we have made to our portfolio and our
customer offering has created a first class platform from which we will continue
our growth. The future for the group remains excellent."

-ends-

Date: 20 November 2006
For further information:

Workspace Group PLC cityPROFILE
Harry Platt, Chief Executive Simon Courtenay
Mark Taylor, Finance Director 020-7448-3244
020-7247-7614
e-mail: [e-mail]
web: www.workspacegroup.co.uk

[Depotmaster]

Schön und gut, aber was genau machen die?
Worin liegt derern Wertschöpfung?
Wenn das nur eine Holding ist, ein Portfolio zusammenzustellen kann man doch auch selbst.

[CrashKid]

DAS ist keine Aktien Holding
lesen müsst ihr schon selbst!

[CrashKid]

WORKSPACE COMPLETES CONVERSION TO A REAL ESTATE INVESTMENT TRUST STATUS Workspace Group PLC ("Workspace") the leading provider of flexible business accommodation to small and medium sized enterprises in London and the South East, confirms that it has converted to a Real Estate Investment Trust (" UK -REIT") . At an Extraordinary General Meeting held on 15 December 2006 Workspace shareholders approved amendments to the Company's articles of association, to enable the Company to change its status. The Company then applied to HM Customs and Revenue to become a UK-REIT from 1 January 2007. Harry Platt, Chief Executive of Workspace commented, " I am delighted to report that we have now converted to a Real Estate Investment Trust. We are confident that this will improve our appeal among investors who want to invest in our specialist niche in the property sector. The Group's focus and strategy in developing its business will be unaffected by this change. However the tax efficient nature of a UK-REIT will enable the Board to enhance the dividend payment in the future. " The Group continues to make very good progress. Our market place remains robust and we have an experienced team to drive the business forward. The future for Workspace is excellent."

[CrashKid]

Company Workspace Group PLC
TIDM WKP
Headline 3rd Quarter Results
Released 07:00 12-Feb-07
Number 0632R



RNS Number:0632R
Workspace Group PLC
12 February 2007




WORKSPACE IMPROVES OCCUPANCY
AS IT CONVERTS TO REIT STATUS


Workspace Group PLC ("Workspace"), the leading provider of flexible business
accommodation to small and medium sized enterprises ("SMEs") in London and the
South East today announces its results for the nine months ended 31 December
2006.

• Conversion to a REIT on 31 December 2006 (conversion has impacted upon the Group
balance sheet and the financial ratios reported in this period).

• Adjusted Net Asset Value (NAV)*+ per share at 31 December 2006 £3.38, up 8.3%
over the nine months and up 21.6% over 12 months (31 March 2006: £3.12; 31
December 2005: £2.78).

• NAV per share+ at 31 December 2006 £3.23 up 36% over the nine months and up 54%
over 12 months (31 March 2006: £2.37; 31 December 2005: £2.10).

• Valuation surplus for nine months £71.6m (2005: £74.2m).

• Pre-tax profits £85.2m (2005: £83.6m).

• Pre-tax profits on trading operations* £6.4m (2005: £9.7m restated
Basic earnings per share+ 95.8p (2005: 35.8p).

• Total rent roll £43.7m up 10.1% (excluding Glebe JV but including acquisitions)
(31 March 2006: £39.7m restated).

• Acquisitions £70.4m since 31 March 2006 to date, with others under negotiation.

• Disposals of £171.7m (including £146.0m to Glebe JV) since 31 March 2006.


+Adjusted NAV per share, NAV per share and basic earnings per share were
affected by the release of deferred tax and the provision for tax on conversion
to a REIT together with the conversion of the convertible loan stock to equity
during the period.

* A glossary of terms is provided at the end of this statement.


Harry Platt, Chief Executive of Workspace commented,

" The business is making progress. We have converted to a REIT (Real Estate
Investment Trust) status. As a REIT, the Group will be able to make greater
distributions to shareholders without impacting on its business activities.

" We have seen good growth in rents over the quarter up £1.1m, on a like for
like basis, with occupancy improving strongly also.

" We have continued to make acquisitions and we have invested this year £70m in
properties that complement our existing holdings. We believe that they will
perform well with our style of active management."


-ends-


Date: 12 February 2007
For further information:

Workspace Group PLC cityPROFILE
Harry Platt, Chief Executive Simon Courtenay
Mark Taylor, Finance Director 020-7448-3244
020-7247-7614

e-mail: [e-mail]
Web: www.workspacegroup.co.uk