WJG Watkin Jones Plc

TIDMWJG

Watkin Jones plc

09 June 2020

 
Build-to-rent 'comes of age' 
 Covid-19 could be the catalyst for build-to-rent (BTR) to "come of age" according to residential 
 for rent developer and manager Watkin Jones. It was already ramping up BTR alongside its core 
 of student accommodation, but we now believe demand for purpose-built private rental could 
 be further boosted by people choosing to rent and by an institutional hunger to replenish 
 dwindling sources of yield. The recent interims showed BTR overtaking student housing's pipeline 
 and we believe WJ's low-risk, capital light model is tailormade to serve this burgeoning market. 
 

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(END) Dow Jones Newswires

June 09, 2020 06:24 ET (10:24 GMT)

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