Watkin Jones: capital light model has evident appeal
The developer of purpose built student accommodation has successfully expanded into the residential build to rent sector. Its capital light modelh as evident appeal as you can discover here. (Premium)
Watkin Jones (AIM:WJG), is a leading developer and manager of residential for rent, with a focus on the build to rent, student accommodation (‘PBSA’) and affordable housing sectors. It has established strong relationships with institutional investors, who forward fund developments, presenting a very different business model to a traditional housebuilder. Our earlier premium note here: ‘Plenty to like about Watkin Jones’ also highlighted its appeal. Since 1999, Watkin Jones has delivered 46,000 student beds across 136 sites, making it a key player and leader in the UK purpose-built student accommodation market and it is increasingly expanding its operations into the…