Progressive publishes new research
Source: RNS
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Rising rents attract investors back to market Residential-for-rent developer and manager Watkin Jones on 25 January delivered FY22 results that were broadly in line with our expectations. Continuing strong demand for its core rental developments, as highlighted in October, was hampered by delays in investment decisions following the mini-budget. We believe recovery has begun, albeit on a slightly shallower trajectory, and current market conditions may offer the group opportunities. Surveys show continuing rental growth, attracting back investors but stretching affordability - we see WJG as 'part of the solution'. |
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About Progressive:
Progressive helps you make informed investment decisions. FCA authorised and regulated, and with a 15-strong team of highly experienced analysts, we provide freely available institutional grade equity research and access to company management teams across every sector of the market.
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Broad coverage
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Analyst calibre
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across 12 sectors |
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Business Services |
Oil & Gas |
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with average |
20 |
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Financials |
Property |
experience of |
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Healthcare |
Retail |
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Industrials |
Technology |
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techMARK |
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Investment Trusts |
Telecoms |
industry based |
Extel |
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Mining |
Utilities |
awards |
StarMine |
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For further information please contact:
Emily Ritchie
+44 (0) 20 7781 5311
eritchie@progressive-research.com
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