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Workspace's rerating potential underappreciated

Shares in the flexible office provider could benefit from the gradual reopening of the economy and return to offices
Workspace's rerating potential underappreciated
  • Occupancy rates and average rents have declined during lockdown
  • The group has the financial strength to withstand substantial declines in income and asset valuations
  • More widespread adoption of hybrid working could provide a post-pandemic opportunity

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