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A Welsh developer of student accommodation in the UK, said it expected to be valued at about 255 million pounds ($364 million) when it lists on London's junior Alternative Investment Market later this month. Since 1999, Watkin Jones has built 28,000 student beds across 88 sites, using funding from a number of institutional partners. The company said  it currently had the capacity to deliver at least 10 student developments each year and that its pipeline at this point consisted of 11,300 beds and 31 developments. Revenue from continuing operations rose about 7 percent to 244.2 million pounds in the year ended September 30, while operating profit from continuing operations more than doubled to 32.5 million pounds. Watkin Jones said it has ambitions to expand into the booming private rented sector, where demand has risen sharply in the face of an acute shortage of houses in the UK and rising prices. Mark Watkin Jones, group managing director of Bangor-based family-run proper...

The Prime Minister celebrates Wales as "wonderful country and a great part of the United Kingdom" in his St David's Day message David’s Day is a moment to celebrate a wonderful country and a great part of our United Kingdom. When I think of Wales, I think of its incredible beauty St David's Day: David Cameron's message From the beaches of the Gower to the peaks of Snowdonia, it is absolutely right that Wales has been named in the top 10 countries to visit in the world. I think of Welsh industry. Wales was the world’s first industrial nation. And today it is Wales that builds the wings for more than half of the world’s commercial aircraft Wales, that makes cells supporting half of the world’s mobile phones, and Wales, where only last week, Aston Martin announced its second manufacturing facility, as part of a £200 million investment. I think of Welsh creativity. From the founder of our most treasured public service – our free NHS – to our continu...