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Coronavirus impact: 6 Nov - lowly rated developer is in good shape

Watkin Jones development

A lowly rated developer covered here looks in good shape, reporting a substantial increase in its development pipeline. Read on for more on this and the latest take-over news.


Watkin Jones: going very cheap indeed

The share price of Watkin Jones (LON:WJG), the leading developer of purpose built student accommodation and residential rental space, has been very weak since hitting all-time highs in February 2020. The latest trading update for its financial year ending 30 September 2020 hopefully offered the required reassurance with a big rise in its pipeline and new forward funding deals.

The Group completed six Purpose Built Student Accommodation (‘PBSA’) schemes (2,256…

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