Watkin Jones updates on development forward sales

Watkin Jones has forward sold another two of its developments to two institutional investors, both for undisclosed fees.

The first development is situated on Bridge Street in Cardiff and the other is situated on Queen Street in Belfast.

The Cardiff development occupies a prominent position in Cardiff City Centre, and is located close to Cardiff Queen Street station. The 472 bed scheme is due for delivery in August 2018, ahead of the 2018-19 academic year.

The Belfast development also occupies a prominent position in Belfast City Centre directly opposite John Bell House that was completed by Watkin Jones in August this year. This 340 bed scheme is also due for delivery in August 2018, ahead of the 2018-19 academic year.