WOTSO Property (AU:WOT) has released an update.
WOTSO Property is set to expand its FlexSpace network with the acquisition of a prime location in Melbourne’s CBD, marking the company’s first site in the city. This strategic move aims to tap into Melbourne’s recovering business environment post-COVID-19, offering a new hub for interstate members and further strengthening WOTSO’s presence across Australia and New Zealand. The new site at Bank House will feature a heritage setting and is expected to boost the company’s already robust flexspace network growth.
For further insights into AU:WOT stock, check out TipRanks’ Stock Analysis page.