Investment accounts
Adult accounts
Child accounts
Choosing Fidelity
Choosing Fidelity
Why invest with us Current offers Fees and charges Open an account Transfer investments
Financial advice & support
Fidelity’s Services
Fidelity’s Services
Financial advice Retirement Wealth Management Investor Centre (London) Bereavement
Guides
Guidance and tools
Shares
Share dealing
Choose your shares
Tools and information
Tools and information
Share prices and markets Chart and compare shares Stock market news Shareholder perks Stock plan guidance
Pensions & retirement
Pensions, tax & tools
Saving for retirement
Approaching / In retirement
Approaching / In retirement
Speak to a specialist Creating a retirement plan Taking tax-free cash Pension drawdown Annuities Investing in retirement Investment Pathways
Workspace disposes of two additional low-conviction assets
(Sharecast News) - Flexible work space provider Workspace Group has exchanged contracts for the disposal of two additional low-conviction assets for a total of £11.8m, in line with September 2025 valuations, at a net initial yield of 5.7%. Workspace said on Thursday that the assets being sold included Peer House near Gray's Inn Road, a 10,000 square foot office building, and Blocks A and B of Parkhall Business Centre in Dulwich, which was made up 23,000 square feet of light industrial and office space.
The FTSE 250-listed firm added that the remainder of Parkhall Business Centre, comprising 99,000 square feet of office, studio and workshop space, was being retained by Workspace as a conviction asset, in line with its recent portfolio review and strategy.
Taking into account its latest disposals, Workspace has now exchanged or completed on a total of £106m of low-conviction asset sales, against its two-year target of £200m.
Chief executive Lawrence Hutchings said: "Today's disposals are another disciplined step towards optimising our portfolio through our conviction‑led approach. Recycling capital out of lower-conviction assets sharpens our focus on the buildings where customer demand and returns are strongest. We're executing our Fix, Accelerate and Scale strategy at pace and remain firmly focused on rebuilding occupancy and delivering income-led shareholder returns."
Reporting by Iain Gilbert at Sharecast.com
Share this article
Related Sharecast Articles
Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.
Policies and important information
Accessibility | Conflicts of interest statement | Consumer Duty Target Market | Consumer Duty Value Assessment Statement | Cookie policy | Diversity, Equity & Inclusion | Diversity, Equity & Inclusion Reports | Doing Business with Fidelity | Investing in Fidelity funds | Legal information | Modern slavery | Mutual respect policy | Privacy statement | Remuneration policy | Staying secure | Statutory and Regulatory disclosures | Whistleblowing programme
Please remember that past performance is not necessarily a guide to future performance, the performance of investments is not guaranteed, and the value of your investments can go down as well as up, so you may get back less than you invest. When investments have particular tax features, these will depend on your personal circumstances and tax rules may change in the future. This website does not contain any personal recommendations for a particular course of action, service or product. You should regularly review your investment objectives and choices and, if you are unsure whether an investment is suitable for you, you should contact an authorised financial adviser. Before opening an account, please read the ‘Doing Business with Fidelity’ document which incorporates our client terms. Prior to investing into a fund, please read the relevant key information document or Product Summary document which contains important information about the fund.
This website is issued by Financial Administration Services Limited, which is authorised and regulated by the Financial Conduct Authority (FCA) (FCA Register number 122169) and registered in England and Wales under company number 1629709 whose registered address is Beech Gate, Millfield Lane, Lower Kingswood, Tadworth, Surrey, KT20 6RP.
