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Workspace Group PLC
Operating Expenses
Workspace Group PLC
Operating Expenses Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | Operating Expenses | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
Workspace Group PLC
LSE:WKP
|
Operating Expenses
-ÂŁ27.3m
|
CAGR 3-Years
-12%
|
CAGR 5-Years
-8%
|
CAGR 10-Years
-13%
|
||
Derwent London PLC
LSE:DLN
|
Operating Expenses
-ÂŁ39.7m
|
CAGR 3-Years
0%
|
CAGR 5-Years
-3%
|
CAGR 10-Years
-4%
|
Workspace Group PLC
Glance View
Workspace Group PLC has carved out a distinct niche in the commercial property sector, focusing on providing flexible office spaces tailored to the needs of small and medium-sized enterprises (SMEs) and entrepreneurs. Founded in 1987, the company recognized early on that the business landscape was shifting towards more dynamic and adaptable work environments. In an era defined by technological advancements and changing work cultures, Workspace Group offers its clients the freedom to thrive in a setting that encourages innovation and agility. By investing in prime urban locations, particularly throughout London, the company has developed a unique portfolio that combines historic buildings with modern amenities, catering to a diverse range of industries. Each property is designed to be more than just a place of work; rather, they are vibrant communities that inspire collaboration and creativity among their tenants. Workspace Group generates its revenue primarily through leasing office spaces, but its business model goes beyond mere property rental. They adopt a customer-centric approach, providing a suite of services that enhance the tenant experience. This includes meeting rooms, virtual offices, and tailored business support, which can be adjusted to meet the changing needs of their clients. Moreover, by maintaining a hands-on approach in property management and continually investing in the development of their properties, Workspace ensures that each location remains not just relevant but also at the forefront of where business trends are heading. This commitment to quality and adaptability not only secures steady rental income but also positions Workspace Group at the leading edge of the flexible office space market.
See Also
What is Workspace Group PLC's Operating Expenses?
Operating Expenses
-27.3m
GBP
Based on the financial report for Mar 31, 2024, Workspace Group PLC's Operating Expenses amounts to -27.3m GBP.
What is Workspace Group PLC's Operating Expenses growth rate?
Operating Expenses CAGR 10Y
-13%
Over the last year, the Operating Expenses growth was -3%. The average annual Operating Expenses growth rates for Workspace Group PLC have been -12% over the past three years , -8% over the past five years , and -13% over the past ten years .