London office landlord Workspace warns of ‘substantial’ profit hit
Squeeze from lower rents and higher costs forces company to say it will cut dividend
Squeeze from lower rents and higher costs forces company to say it will cut dividend

Total of 21 deals worth £100mn or more in central London in 2025 is almost double previous year’s figure

Renewal efforts and a return to offices have helped confound gloomy forecasts

Valuations of offices are improving and leasing volumes are on track to top 2024

FTSE 100 group posts stronger than expected growth in rental income

Owner of London district makes first profit since the pandemic as workers return and investment in estate begins to bear fruit

Bankers and lawyers cautiously optimistic that investor confidence is returning