Watkin Jones Regulatory News (WJG)

Watkin Jones plc

('Watkin Jones' or the 'Company')

Analyst and investor site visit

Watkin Jones plc (AIM:WJG), a leading UK developer and constructor of multi occupancy property assets, with a focus on the student accommodation sector, is today hosting an analyst and investor site visit at the official opening of the Group's first private rented sector ('PRS') development at The Court, Clarendon Quarter, Leeds.

Mark Watkin Jones, Chief Executive Officer of Watkin Jones plc, said: "We are delighted to have completed Clarendon Quarter in Leeds, our first PRS development. The 322 apartment development is one of a number of exciting projects we are working on in this space and we believe that our expertise and institutional relationships will help build further momentum in the PRS market."

There will be no formal presentation distributed during the visit and no new material information will be given.

- Ends -

For further information:

Media enquiries:

Notes to Editors

Watkin Jones is a leading UK developer and constructor of multi occupancy property assets, with a focus on the student accommodation sector. The Group has strong relationships with institutional investors, and a good reputation for successful, on-time-delivery of high quality developments. Since 1999, Watkin Jones has delivered over 31,800 student beds across 98 sites, making it a key player and leader in the UK purpose built student accommodation market. In addition, Watkin Jones has been responsible for over 50 residential developments, ranging from starter homes to executive housing and apartments.

The Group's competitive advantage lies in its experienced management team and business model, which enables it to offer an end to end solution for investors, delivered entirely in-house with minimal reliance on third parties, across the entire life cycle of an asset. Key components of the business model are:

· Site identification - extensive experience of site identification and acquisition facilitates high quality sites being acquired;

· Planning consents - in depth knowledge and experience of the planning consent process specific to this type of asset facilitates high success rates on planning applications;

· In-house construction and delivery - in-house construction expertise, management and delivery limits reliance on third parties and, together with favourable contractual relationships with key suppliers, enhances control of cost;

· Funding structure - forward sale model reduces risk for Watkin Jones and provides security and visibility of the asset pipeline for investors. The Group has strong relationships with blue chip investors, including a number that are repeat investors in Watkin Jones developments; and

· Asset management - dedicated property management division provides a continued service solution to investors post development completion and completes the 'end to end' business model.