Watkin Jones

Significant new PBSA scheme in Glasgow announced

  • Sectors : Construction and Housebuilding
  • Companies : Watkin Jones

Ratings and price correct at time of issue.

  • Watkin Jones

    Closing Price: 29.9p

  • RATING 26/03/21

  • PREVIOUS RATING N/A

DAVY VIEW

The new purpose-built student accommodation (PBSA) deal at Watkin Jones has two materially positive impacts on the group: (1) it significantly derisks FY25 financial guidance and (2) it adds materially to the FY26-28 order book. The deal is the largest one signed by the business in several years and is very encouraging in an otherwise challenging environment.

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Sep 30 2025, 07:10 IST/BST

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