Workspace slashes dividend as profit plummets amid new boss’ shake-up

https://www.cityam.com/wp-content/uploads/2024/11/000-workspace.jpg?w=1107" />

Real estate group Workspace slashed its dividend in the latest financial year as the firm plunged to a hefty loss.

The FTSE 250 company posted a £120.5m loss before tax, from £5.4m last year, which was driven by nearly £160m in write-downs of property valuations amidst a changing strategy.

New boss Charlie Green – who https://www.cityam.com/workspace-slashes-dividend-as-profit-plummets-amid-new-boss-shake-up/">[...]