Regus value cut in half
Regus value cut in half
- 2001
- Independent 4 July 2001, 13(1) .
Regus, supplier of serviced offices issues a dramatic profits warning and provides evidence that the UK is following US into a sharp business downturn. Shares in the company plunged as it announced that occupancy of the company's ready-made offices had fallen from 75% to 67% in Britain during the second quarter, with offices in London being particularly badly hit.
REGUS
SERVICED OFFICES
SHARE PRICES
PROPERTY-COMMERCIAL PROPERTY-OFFICE PROPERTY-OFFICE PROPERTY MARKET
OCCUPANCY LEVELS
Regus, supplier of serviced offices issues a dramatic profits warning and provides evidence that the UK is following US into a sharp business downturn. Shares in the company plunged as it announced that occupancy of the company's ready-made offices had fallen from 75% to 67% in Britain during the second quarter, with offices in London being particularly badly hit.
REGUS
SERVICED OFFICES
SHARE PRICES
PROPERTY-COMMERCIAL PROPERTY-OFFICE PROPERTY-OFFICE PROPERTY MARKET
OCCUPANCY LEVELS