Building safety and restructuring costs send Watkin Jones into the red

By Daniel Gayne2024-01-23T10:05:00

Trouble student accomoodation specialist made loss of more than £40m

Profit has dropped 331% at Watkin Jones as building safety remedial works and restructuring costs sent the firm into the red.

The build-to-rent and student housing specialist’s accounts for the year to 30 September 2023 showed a pre-tax loss £42.5m, compared with the £18.4m the year prior.

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