L1 Capital Pty. Limited acquired Three Non-core Private Rented Sector Operational Assets from Watkin Jones Plc (AIM:WJG) on August 17, 2023. The consideration consists After repayment of the related debt financing and disposal costs, the net cash inflow to Watkin Jones will be an initial £9 million in the fourth quarter of financial 2023. There will also be a further £2 million deferred payment in the first half of financial 2024. Mike Bell and Ed Allsopp of Peel Hunt LLP acted as financial advisor and Joint Corporate Broker to Watkin Jones plc.

L1 Capital Pty. Limited completion the acquisition of Three Non-core Private Rented Sector Operational Assets from Watkin Jones PLC on August 17, 2023.Watkin Jones Plc (AIM:WJG) was advised in the transaction by Savills. Mishcon De Reya LLP acted as legal advisor to Watkin Jones Plc (AIM:WJG).