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<\/a><\/div>\n<\/div>\nSimpson said: “We continue to have excellent visibility of our future revenues and earnings, supported by the pipeline of forward sold and secured sites for student accommodation.”<\/p>\n
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In the core student accommodation sector, Watkin Jones boasts a\u00a0total secured development pipeline of 7,534 student beds across 17 sites, for delivery between 2019 and 2021.<\/p>\n
This represents a development\u00a0value of \u00a3650m.<\/p>\n
In the developing build to rent sector, Watkin Jones has a secured delivery pipeline of 1,500 apartments across seven sites targeted for delivery over the next three years.<\/p>\n
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<\/a><\/div>\n<\/div>\nAt Reading’s Thames Quarter scheme, Watkins Jones has signed a funding deal\u00a0with M&G Real Estate to deliver a 315 flat build to rent scheme near the railway station.<\/p>\n
It is also advancing a 300-flat scheme in Wembley after signing a development agreement with Singapore-based developer\u00a0\u00a0Kelaty Propco.<\/p>\n
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<\/a><\/div>\n<\/div>\nDuring the year, Watkin Jones also secured planning consents for 147 units at Holdenhurst Road, Bournemouth, and 165 units at a site in Sutton, Surrey.<\/span><\/p>\n Simpson said the prospects for rented housing looked extremely solid with investment in the UK build to rent sector estimated to total \u00a33bn in 2018.<\/p>\n This is up 50% since 2017, and is forecast to reach \u00a370bn by 2022.<\/p>\n \n
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