Watkin Jones: Property developer lowers profit guidance warning of ‘slow’ outlook Property Property developer Watkin Jones has warned investors that a “slower than expected” summer market and “uncertainty” over the pace of interest rate cuts will weigh on its full year results, as it lowered profit guidance. In a trading update, the Aim-listed firm, which in its half-year results in May returned to profit thanks to a [...]
Lloyds housing fund snaps up £300m Watkin Jones scheme in London’s Stratford Housing A housing impact investment fund run out of Lloyds Banking Group has snapped up a new 397 bed purpose-built student accommodation (PBSA) development in Stratford in a deal worth nearly £300m.
Watkin Jones returns to profit after successful business restructure Property Property developer Watkin Jones returned to profit in the first half of the year after a successful business restructuring following a year of losses.