​SpaceandPeople provides property owners with the means to capitalise upon the full commercial potential of their assets. It markets, sells and administers space in a range of venues including shopping malls, garden centres, city centres, retail parks and travel hubs. Indeed recent share strength has come from confirmation of the group's appointment by Network Rail on an exclusive five year contract from 1 October to promote brands across all UK Network Rail stations. That represents an estimated annual footfall of one billion people and significant potential source of new business for the group. New business secured this summer provides reassuring revenue visibility. That's not just Network Rail, but also an exclusive one-year agreement in June which covers Brand Experience sales management at thecentre:mk in Milton Keynes. The strong recovery in the Group's value since April is recognition of the value of management's efforts to streamline operations over the last two years, and provides independent verification of the group's status as a leading provider in its experiential media niche. Looking forward, we regard our forecasts as conservative but still leaving the shares well underpinned at current levels, plus the potential for positive updates if that cautious stance proves too pessimistic.
SpaceandPeople is engaged in the marketing and selling of promotional and retail licensing space on behalf of shopping centres and other venues throughout the U.K. and Germany and also in India. Co.'s segments include promotional sales and retail, and other. Through its subsidiaries, Co. is involved in licensing of intellectual property, media, and leasing of retail merchandising units.
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