peddlar
04 Jan 2018
Beaufort sec tip Beaufort has tipped them as speculative .225pnot sure if you will make on that sort of a price prediction!!!never the less its a positive.
gretel
04 Jan 2018
News of new Belfast BTR scheme plans Good news - WJG have submitted plans for a new £15m scheme in Belfast which would be Belfast's first "build to rent apartment scheme":[link] 'build to rent' apartment block plan is a first for BelfastJanuary 3 2018 Belfast's first so-called 'build to rent' apartment scheme has taken a step forward after new plans were submitted for the £15m project. Holywood firm Lacuna and Welsh developer Watkin Jones plan the 19-storey block on a car park at Academy Street in the Cathedral Quarter.A full planning application shows the scheme proposes 42 one-bedroom and 63 two-bedroom apartments, along with management suite, cafe and servicing area for bins and cycle storage.Build to rent apartments are rental only, with secure long-term tenancies from a landlord who retains ownership.etc"
PIE-EATER
03 Jan 2018
Re: Saturation Given the number of students, I would guess things will start to slacken off a touch c 2021/2 ......the forward sold sites are already being earmarked for around then. That is why I like this company because as well as that visibility they have started to use the same business principles for mixed use, social housing, etc. ....i.e they are already anticipating that they may need to fine tune the mix and have their finger on the pulse.I just can't decide whether to top up now or wait til results are released......not sure it matters a great deal with the visibility within the company because of their frequent RNSGLAPE
Roverite
03 Jan 2018
Saturation There has to be a limit to the market for quality student accommodation. Has anyone any ideas how close we are to that. I'm happy to see mor BTL developments by WJG.
PIE-EATER
03 Jan 2018
Re: Excellent RNS today Suspect the price rose in anticipation of these developments at the back end of last year. As this company appears to be very pro-active and open about it's dealings, I have a slight suspicion that the results may almost be a non-event. It would be nice if the price rose but unless the board give an unbridled optimistic view then status quo may be the result. (Which is fine given the returns over the last year)GLAPE
peddlar
03 Jan 2018
Re: Excellent RNS today They seem to be doing well.But not sure why the price is not responding...results will probably nail biting
gretel
03 Jan 2018
Excellent RNS today Planning consent achieved for three new student developments in London and Chester, and also for three new Build to Rent developments:[link] a new BTR development site acquired in Uxbridge.Plus:"General momentum within the Group's student accommodation division is excellent, with the overall current pipeline standing at 9,120 beds, of which 6,090 beds are forward sold and 7,497 have achieved planning consent."Forward visibility and progress is improving all the time.
gretel
28 Dec 2017
Re: Good news likely next week for WJG Excellent - WJG have been granted planning permission for their new mixed "live-work" development in Bournemouth:[link] the article some disunity in the council, but this shows just how well WJG use the system.
gretel
20 Dec 2017
RNS : Octopus buying and go above 5% Good to see Octopus Investments buying and going above 5% with 12.84m shares:[link]
gretel
12 Dec 2017
Good news likely next week for WJG from Bournemouth:[link] live-work development set for approval12 Dec 2017Plans to develop a 19-storey live-work building comprising more than 150 flats on a site in Bournemouth previously earmarked for offices are set to get the go ahead from councillors next week (18 December 2017).Developer Watkin Jones, via agent Goadsby Planning & Environment, lodged an application for a site on Holdenhurst Road earlier this year.Watkin Jones originally secured planning consent for the site in 2015, as part of a wider scheme also including 930 student rooms and a 128-bedroom hotel on sites on Oxford Road and Christchurch Road.The original plans included 138,000 sq ft of office and teaching space in a building that was to be known as Digital Point.The latest scheme proposes a new design and uses for the planned building. The development, to be known as The INC, will comprise 147 flats, with a mix of one-, two- and three-bedroom properties, together with 49,300 sq ft of office space.Car and bicycle parking, a reception, meeting rooms and a café will be created on the ground floor with further parking in the basement.It has been estimated that The INC could support the creation of more than 300 full-time equivalent jobs and generate £21.6m per annum of net additional economic output.The new application also seeks permission for 38,000 sq ft of teaching space at the Oxford Road site to be used as offices.The application will go before Bournemouth Borough Council's planning committee on 18 December 2017. A report prepared ahead of the meeting has recommended that consent is granted, subject to the signing of a Section 106 agreement to secure financial contributions.etc"
alibaba 40 hirsiz
05 Dec 2017
Drop Anybody who can enlighten me on the substantial price drop in the last week or so and still going on?
gretel
24 Nov 2017
Big new development in Glasgow News of another 300 bed student accommodation development, this time in Glasgow:[link] accommodation plan for former Glasgow print plantNov 22, 2017The former John Watson & Company print works in Glasgow is to be redeveloped as student accommodation and office space following its sale to developers Watkin Jones.The planned development at Kyle, Calgary and Stafford Streets, will comprise student accommodation of around 300 bedrooms, ancillary accommodation, amenity space and parking........Graeme Todd of DM Hall, who oversaw the sale, said: “The property was sold at a closing date with several offers generated by a marketing campaign which had the benefit of an existing planning consent for a student accommodation development.“Whilst there is much talk and debate about continuing demand for student accommodation development, our marketing of Kyle Street generated considerable interest, particularly as the site had so much to commend it, being close to the city centre, the motorway and a short walking distance from major bus and rail links.“Demolition of the old printing works is imminent and the development should be projected for completion in August 2019.”
PIE-EATER
20 Nov 2017
Re: Drop PIE-EATER, How do you know that "LSE are encountering problems and won't be sorted until tonight at earliest "?On the news pages this morning....."The London Stock Exchange has been having technical issues that will not be resolved until tonight at the earliest, "
gamesinvestor
20 Nov 2017
Re: Drop "I do think that their model of little or no risk sine they sell on as soon as they buy into the project is different form other builders. "That's a good point - so they do seem to have a better model, although is there a danger that some might pull out of the deal half way through?My son is a QS and he witnesses many of the construction contracts, and they are rife with clauses for change, modification, downscaling and out right cancellation.The Help to Buy (or I like to call it future help to cry) was introduced in 2013 and worked miracles for the builders who's profits tripled during then until now -- see the end of this article from Phil Oakley about the house builder market it's a good read :-[link] clear that the modest increase in the numbers of houses built 32% over 5 years (6.4% a year approx) in only a small way compensates for the tripling of the profits of the housebuilders resulting in all of the directors (many I assume to be government lobbyists) cashing out millions in share gains in the last 3 months.If you think about it, when HTB was introduced it had a dramatic effect as it loosened up the lending criteria, derisked the builder to the tune of 20% and more importantly allowed the housebuilder to jack up the prices and sell at a fixed price as a condition of honouring HTB.What's happening now, as highlighted in the article is that the differential between the resale and new build markets is growing wider. There is no HTB on resale.I just helped buy my daughter a 3 years old property on a development and she paid 9.5% less than the new build.Teresa May has committed another £10bn for Help to Buy -- but given the yawning gap between house prices and incomes, is it's effectiveness petering out?A first time buy 2-3 bed house where I live is £280K - £325K -- some starter home eh?Even if the kids can find the 5% deposit £14K+ they still get hit for a mortgage of over a quarter of a million £.With average graduate salaries of £20-25K -- even buying as a couple on £40-50K combined they are stretched to borrow £200K let alone £250-£280KIn my case - the bank of mum and dad (15th biggest bank in the UK now) stumped up a big deposit or they wouldn't have had a chance.I avoided Help to Buy, because it gets tied up in legislative knots and expense -- £300 for conveyancing for dealing with the Help to Buy 20% -- £100 for accessing an HTB ISA -- and fees every time the darn thing gets assessed -- a colleague of mine has hinted that the whole thing turned out to be a nightmare for him and his two daughters.If Watkin Jones get in of HTB -- I would say they are entering it on the downslope of he bell curve as it's effectiveness is tailing off due to the streteched valuations.Bigger rant over !!Games - heh ho - I just hope the kids don't get screwed with negative equity when it all goes pop!
Rhigos
20 Nov 2017
Re: Drop PIE-EATER, How do you know that "LSE are encountering problems and won't be sorted until tonight at earliest "?It is a relief that SP recovered. The daily chart shows extreme volatility. Being an AIM share I believe SP price determined not by SETS but by market makers who base SP on buy and sell demand. Cannot help feeling there's something odd going on that is no doubt making some traders a lot of money. Smaller cap companies are of course more volatile than FTSE 350 companies.
