Watkin Jones plc Progressive publishes new research

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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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Progressive is an equity research and investor engagement company. FCA authorised and regulated, the firm has a 15-strong team of highly experienced analysts. We provide Institutional grade research and connect companies with investors across every sector of the market.

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         Broad coverage                      Analyst calibre 
       across 12 sectors 
 
 Business Services   Oil & Gas       15        with average       20 
                                   analysts                      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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November 06, 2020 02:35 ET (07:35 GMT)