Progressive publishes new research

RNS Number : 4972E

Watkin Jones plc

06 November 2020

 

Revived investor appetite fuels property pipeline Residential for rent developer and manager Watkin Jones has taken advantage of land opportunities and a renewed institutional investment appetite to increase its development pipeline - at what we believe to be attractive prices. Today's FY 2020E trading update from the build-to-rent (BTR) and purpose-built student accommodation (PBSA) specialist shows a big rise in its pipeline and new forward funding deal plus solid trading in housebuilding and accommodation management. Net cash has risen and the group has reinstated guidance and its intention to pay a FY dividend.

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Broad coverage		Analyst calibre
across 12 sectors
Business Services	Oil & Gas	15 analysts	with average	20 years
Financials	Property		experience of
Healthcare	Retail
Industrials	Technology	30+		techMARK
Investment Trusts	Telecoms		industry based	Extel
Mining	Utilities		awards	StarMine

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