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BUZZ-Workspace: Full-year results boost stock

Reuters - UK Focus

** Workspace, landlord for small businesses, rises 2.1 pct after results

** Full-year net rental income up 6.9 pct; EPRA net asset value per share of £9.53, up 3.3%

** Liberum says full-year EPRA NAV ahead of its forecast by 1 pct; adds FY results conclude a year of significant profit progression

** Co says it has a strong pipeline of refurbishments and redevelopments spanning more than 1 mln sqft over the next three years

** Stock among top 10 performers on FTSE Mid Cap Index

** Liberum also points towards reduction in debt (from 276 mln stg to 242 mln stg) and low loan-to-value, says they provide firepower to capitalise on any additional opportunistic purchases (rahul.b.thomsonreuters.com@reuters.net)