Dividend YieldWorkspace trades at a 44% discount to FY25e Adjusted NAV, 13x FY25e Adjusted EPS and offers a 6.4% dividend yield.
Financial PerformanceThe interim results continue to show robust growth, with capital values appearing to have stabilized and the company being well-capitalized, generating an attractive and growing total return.
Operational StrategyWorkspace is making good progress with its ongoing programme of subdividing larger units.