Commercial premises provider Workspace and Land Securities are among a slew of companies preparing to tap the markets for additional capital in the coming weeks.

Workspace, which specialises in providing office space in central London, is expected to announce plans to raise £100m through a rights issue as early as this week.

Liberty International, British Land, Inchcape, and Development Securities are considering fundraising options. Others believed to be considering similar moves are Rio Tinto, Xstrata, HSBC, Prudential and Anglo American.

Workspace has seen its market value drop 87% in the past year to around £60m. In November it posted half-yearly losses of £1 28.5m and announced plans to reduce its debt from £470m to £400m.

Sunday Times, Sunday Telegraph