Watkin Jones

Developer exchanges contracts to acquire Wembley site for student scheme

Watkin Jones PLC has exchanged contracts to acquire a site in Wembley, London, from Kelaty Propco Limited for the development of a 599-bed student accommodation scheme.


The development and construction firm will deliver the student accommodation scheme in time for the 2021/22 academic year.

As part of the arrangement, Watkin Jones has entered into a development agreement with the vendor to deliver 300 build-to-rent apartments on an adjoining site.

This is expected to be completed in March 2021.

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