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Earnings surge at co-working hub player WOTSO ahead of spin-off

Nick Lenaghan
Nick LenaghanProperty editor
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Turnover at co-working hub operator WOTSO Workspace surged 21 per cent in the past year as it prepares to spin off from its listed parent, Sydney-based fund manager BlackWall.

Income from Blackwall's co-working hubs business, including management agreements, rose to $10.2 million, exceeding revenue earned in other parts of the funds management platform.

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Nick Lenaghan edits the property section, which covers all aspects, from residential real estate and housing and construction to commercial property – office, retail, industrial – and major ASX-listed developers and real estate investment trusts. Connect with Nick on Twitter. Email Nick at nlenaghan@afr.com
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    Original URL: https://www.afr.com/property/commercial/earnings-surge-at-co-working-hub-player-wotso-ahead-of-spin-off-20190826-p52kw1