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By Jennifer Sieg Property developer Watkin Jones returned to profit in the first half of the year after a successful business restructure following a year of losses. In an update to investors today, Watkin Jones reported a jump in revenue to £4m, up 122.2 per cent from £1.8m in 2023. In the first half of the year, revenue for the student accommodation and private rental developer jumped to £175.1m, up 13.8 per cent from £153.9m the year prior. It is a sign of hope for the build-to-rent firm, which reported a £43.5m pre-tax loss last year. Alex Pease, chief executive of Watkin Jones, said: “Fir…

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