Watkin Jones Plc Expect PE to increase as markets appreciate visibility

2nd December 2016

Watkin Jones Plc (LON:WJG) is the topic of conversation with Andy Hansom, director of equity research at Zeus Capital. Andy explains the forward sale of two properties in terms of business and for investors, talks about the business valuation and yields.

Watkin Jones PLC is a leading UK developer and constructor of multi occupancy property assets, with a focus on the student accommodation sector. The Group has strong relationships with institutional investors, and a good reputation for successful, on-time-delivery of high quality developments. Since 1999, WJG has delivered over 31,800 student beds across 98 sites, making it a key player and leader in the UK purpose built student accommodation market. In addition, the company has been responsible for over 50 residential developments, ranging from starter homes to executive housing and apartments. The Group’s competitive advantage lies in its experienced management team and business model, which enables it to offer an end to end solution for investors, delivered entirely in-house with minimal reliance on third parties, across the entire life cycle of an asset.