Meeting Workspace's (now former) CEO: Lee and the IC

Meeting Workspace's (now former) CEO: Lee and the IC

For their latest company interview, Lord Lee and Alex Newman sit down with Lawrence Hutchings, who joined Workspace as CEO in November 2024.


That conversation, which was taped on 9 January, was to be one of Hutchings' last in the role. Ten days after the recording, and amid mounting activist pressure from shareholder Saba Capital, Workspace abruptly announced Hutchings would be replaced as CEO by Charlie Green, co-founder of the Office Group.


Despite this, we are publishing the conversation below, together with some of John's initial thoughts. Commenting on his own appointment, Green said "the strategy in place is clear and provides the right platform to rebuild occupancy and drive income growth over time." Presumably that means a degree of continuity.


Let us know your thoughts on the move, or if you have any questions or any suggestions for future guests, by emailing alex.newman@ft.com

Listen to more podcasts from Investors’ Chronicle on Apple, Spotify and YouTube


Timestamps


0:09 Intro

5:52 Background on Workspace

11:45 Short term rental market

16:06 Creative industries

19:54 Occupancy levels

24:07 John's views on Workspace

28:25 Lessons from other property sub-sectors

29:48 Asset disposal programme

39:36 Saba Capital

43:20 The optimism scale

47:14 Update on John's portfolio




Investors' Chronicle has supported private investors in the UK for over 160 years by highlighting rewarding investment opportunities.


Investors' Chronicle is a service by the Financial Times.

Hosted on Acast. See acast.com/privacy for more information.

Tämä jakso on lisätty Podme-palveluun avoimen RSS-syötteen kautta eikä se ole Podmen omaa tuotantoa. Siksi jakso saattaa sisältää mainontaa.

Jaksot(1161)

Ocado, asset managers and Telecom Plus: Companies and Markets Show

Ocado, asset managers and Telecom Plus: Companies and Markets Show

This week, we begin with online grocer Ocado (OCDO) following reports of a CEO switch. Julian Hofmann dives into what a potential change at the top will mean for the FTSE 250 company that has struggle...

26 Kesä 29min

AO World, wealth managers & Castings: The Companies and Markets Show

AO World, wealth managers & Castings: The Companies and Markets Show

This week, we begin proceedings with a look at the contrasting fortunes of two UK wealth managers: Aim-traded Tatton Asset Management (TAM) continues to reap rewards from its dominance of the model po...

19 Kesä 31min

Meeting with Fevara’s CEO: Lee and the IC

Meeting with Fevara’s CEO: Lee and the IC

Fevara (FVA:127p) may be new in name, but its roots and expertise stretch back more than a century through the former Carr’s Group. In the wake of this major transformation, the livestock supplements ...

16 Kesä 44min

Investing in photonics, GSK and new opportunities in venture capital: Companies and Markets Show

Investing in photonics, GSK and new opportunities in venture capital: Companies and Markets Show

This week’s show dives straight into safety and equipment maker Halma (HLMA), which reported its full-year results on Thursday morning. It may be time to re-evaluate the company’s description as one o...

12 Kesä 33min

Investing in British Water, Nick Train & CMC: Companies and Markets Show

Investing in British Water, Nick Train & CMC: Companies and Markets Show

This week’s show dives straight into trading platform CMC Markets, after its promise of an imminent inflection point sent its shares soaring to the top of the FTSE All-Share leaderboard on Thursday. J...

5 Kesä 36min

‘Bottlenecks are the best way to benefit from AI’: Ali Unwin of Polar Capital Technology

‘Bottlenecks are the best way to benefit from AI’: Ali Unwin of Polar Capital Technology

Polar Capital Technology Trust (PCT) is one of the most popular and best-performing tech-focused funds available to DIY investors, having built up its record and fan base long before the likes of AI a...

2 Kesä 46min

SpaceX, Pets at Home & defence stocks: Companies and Markets Show

SpaceX, Pets at Home & defence stocks: Companies and Markets Show

This week’s show dives straight into Elon Musk’s SpaceX as it gears up for the biggest IPO in market history. We consider what newly released financial details reveal about the company, and whether a ...

29 Touko 37min

Women and investing: How to start a business

Women and investing: How to start a business

Leaving the stability of a full-time job to become self-employed is a truly daunting decision. Gone is the safety net of a monthly pay cheque, and if you want to start your own company, the pressure c...

26 Touko 32min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
psykopodiaa-podcast
mimmit-sijoittaa
rss-oivalluksia-rahasta-elamasta
rss-rahapodi
ostan-asuntoja-podcast
rss-karon-grilli
inderespodi
rahapuhetta
oppimisen-psykologia
asuntoasiaa-paivakirjat
rss-inderes
rss-rahamania
rss-porssipuhetta
rss-sami-miettinen-neuvottelija
vapauta-supervoimasi-podcast
lakicast
rss-paasipodi
rss-bisnesta-bebeja
rss-itsmeharryfi-podcast