RCS - Watkin Jones plc - Progressive publishes new research
RNS Number : 4148PWatkin Jones plc09 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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