- Net rental income up 9 per cent
- Dividend growth
From a property valuation perspective, Workspace (WKP) looks weak. The flexible London office landlord's shares sank 7 per cent the day it posted a hefty half-year pre-tax loss due to a valuation hit. As has been the case for several real estate investment trusts (Reits), higher interest rates have sapped the spending power of commercial property buyers and dragged down values.