Workspace Group warns of lower annual profit for 2027

Workspace Group expects a profit drop for 2027 due to falling rents and rising costs. The warning follows Charlie Green taking over as chief executive.

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London-focused flexible office-space provider Workspace Group has issued a warning regarding its financial performance, anticipating a significant reduction in annual profit for the 2027 fiscal year. The company cited a combination of falling rental income and rising operational costs as the primary drivers behind the expected downturn.

Bicycles are parked outside The Frames, a Workspace Group Plc office building located in London, United Kingdom. REUTERS/Simon Newman/File Photo
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