April 17 (Reuters) - London-focused flexible office-space provider Workspace Group on Friday warned of a "substantial step down" in annual profit for fiscal 2027, as falling rents and rising costs, among other pressures, weigh on the firm.

This comes nearly two months after Charlie Green took the helm.

(Reporting by DhanushVignesh Babu in Bengaluru; Editing by Sonia Cheema)