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Progressive publishes new research

13th Oct 2022 10:27

RNS Number : 8034C

Watkin Jones plc

13 October 2022

RICS survey highlights strong rental market

Today's RICS housing market survey, in our view, paints a much brighter picture of Watkin Jones's rental sector than that in the sales market. Surveyors expect strong growth in rents to continue, driven by strong tenant demand and constricted supply. We believe that part of the reason for the arguably excessive reaction of the share price to last week's trading update may be the weakness of the national housebuilders, but they operate in the currently more challenged sales market.

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About Progressive:

Progressive helps you make informed investment decisions. FCA authorised and regulated, and with a 15-strong team of highly experienced analysts, we provide freely available institutional grade equity research and access to company management teams across every sector of the market.

www.progressive-research.com

Broad coverage		Analyst calibre
across 12 sectors

Business Services	Oil & Gas	15 analysts	with average	20 years
Financials	Property		experience of
Healthcare	Retail
Industrials	Technology	30+		techMARK
Investment Trusts	Telecoms		industry based	Extel
Mining	Utilities		awards	StarMine

For further information please contact:

Emily Ritchie

+44 (0) 20 7781 5311

[email protected]

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