Workspace (WKP.L)

Overall impact
B (68)

Commentary

Workspace is a strong overall performer. With a 'B' rating of 67.9 for overall impact (79th percentile compared to all companies), Workspace ranks 7th out of 32 industry peers, behind Derwent London, Cromwell Property, Gecina and 3 others, and ahead of Equity Commonwealth, Mack Cali Realty, City Office REIT and 22 others. On top material causes for Workspace's industry (REIT), Workspace performs well in Arts and Culture Access (95.6 score), Disaster Readiness and Effective Aid (95.2) and Equal Pay and Opportunity (95.7). Workspace did not receive a 'D' or 'F' rating on any cause.
Impact
Cause WKP.L
Peer rank
Overall impact

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Company
Employees
283
Sector
Real Estate
Industry
Office REITs
Sub-industry
Office REITs
SASB industry
Real Estate
Headquarters
United Kingdom
Share classes
WKP.L
Description
Workspace is London's leading owner and operator of flexible workspace, currently managing 4.7 million sq. ft. of sustainable space at 79 locations in London and the South East. We are home to some 4,000 of London's fastest growing and established brands from a diverse range of sectors. Our purpose, to give businesses the freedom to grow, is based on the belief that in the right space, teams can achieve more. That in environments they tailor themselves, free from constraint and compromise, teams are best able to collaborate, build their culture and realise their potential. We have a unique combination of a highly effective and scalable operating platform, a portfolio of distinctive properties, and an ownership model that allows us to offer true flexibility. We provide customers with blank canvas space to create a home for their business, alongside leases that give them the freedom to easily scale up and down within our well-connected, extensive portfolio. We are inherently sustainable - we invest across the capital, breathing new life into old buildings and creating hubs of economic activity that help flatten London's working map. We work closely with our local communities to ensure we make a positive and lasting environmental and social impact, creating value over the long term. Workspace was established in 1987, has been listed on the London Stock Exchange since 1993, is a FTSE 250 listed Real Estate Investment Trust (REIT) and a member of the European Public Real Estate Association (EPRA). Workspace is a registered trademark of Workspace Group PLC, London, UK.
Material causes
Ethos considers the following causes material for Workspace, based on its industry sub-industry Office REITs. Learn more about material causes in our methodology overview.

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