Watkin Jones forward sells developments for £66.3m
North Wales and Cheshire-based student property developer Watkin Jones has forward sold two developments for a total of £66.3m.
The group has exchanged contracts to sell a 618 student bend development in Pittodrie, Aberdeen to an unnamed institutional investor for about £51.1m.
The deal means Watkin Jones has now sold advance 2,599 of the 3,545 beds planned to be delivered during the financial year 2019, ahead of the 2019/2020 academic year.
Meanwhile the company has ofloaded the office element of the major project on Chris... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
