London-based office real estate investment trust Workspace Group PLC raised gross proceeds of about £179.5 million in an offering of 16,320,062 new ordinary shares, priced at £11.00 apiece.
The shares being issued represent about 9.96% of the REIT's issued ordinary share capital before the placement.
BofA Merrill Lynch and Liberum Capital Ltd. were the joint book runners and joint sponsors for the offering.
