NuGen Properties

Watkin Jones confirms Pease as CEO

Alex Pease

Alex Pease stepped up the become Watkin Jones chief executive on an interim basis in July when predecessor Richard Simpson departed suddenly amid trading difficulties.

The listed building company, which specialises in multi-occupancy buildings such as purpose-built student accommodation (PBSA) student halls and build-to-rent (BTR) blocks, has now confirmed Pease in the role.

Alex Pease joined Watkin Jones in 2010 and took on the role of group investment director in 2013. He was appointed chief investment officer in 2021 and joined the board in 2022.

In his four months as interim CEO, he is credited with steering the business through a critical period, concluding the sale of three non-core private rented sector assets and cutting costs.

Alan Giddins, chair of the board, said: “Over the last four months, as interim CEO, Alex has shown his ability both to lead Watkin Jones and think strategically about the future direction of the business.  While the board ran a full search process, which included a number of strong external candidates, it was clear that Alex was the outstanding candidate for the role.  I and the board very much look forward to working with Alex and the rest of the executive team to deliver on the full potential of Watkin Jones.”

Alex Pease said: “Watkin Jones is a fantastic business, with talented and dedicated employees.  The PBSA and BTR sectors are amongst the most attractive asset classes in real estate and whilst we continue to face short term macro-economic headwinds, I have no doubt about our ability to navigate through these successfully and return the group to profitable growth.”

Got a story? Email [email protected]

Source link

Customer Reviews

Nugen Properties

Customer Reviews

Dan Morten 18/01/22

Easy to work with, Jordan and the team were professional and were easy to communicate with.
Would highly recommend.

Di Hayes 20/08/22

NuGen Properties built an extension to the rear of my property, replacing the old conservatory. I am so pleased I chose this company. From the initial quotation, through the build and after they were professional, polite & well mannered. They kept the site tidy throughout the build and kept me informed of each stage as it happened. The work was finished to a good standard and I have had nothing but compliments on their work. I am already planning for them to come back and do some more work for me in a few months. I would 100% recommend them.

Bradley Eyles 20/06/23

Nugen were fantastic throughout the works they carried out on my property, Jordan provided constant updates and ensure any questions I had were always answered. All works were completed in a timely fashion, on budget and exceptional customer service. Highly recommend!

Sonny Carter-heyward 29/02/22

Brilliant service, renovated my house to make a dream a reality. Thanks guys

sitemanager 22/01/23

Great firm to communicate with fast and good quality work.