Finance news on propcos
Foxtons appoints Rich as chairman
Foxtons Group has appointed Nigel Rich as chairman following Ian Barlow’s retirement.
Redrow profit rockets 124%, but housebuilder warns of cooling market
Housebuilder Redrow more than doubled its annual profit after construction markets bounced back as Covid-19 restrictions eased, but has warned the market is cooling after the recent mini-boom.
Harworth reveals new strategy following strong first half performance
Urban regeneration group Harworth has boosted net asset value (NAV) and profit in the first half of its financial year.
Springfield produces record annual results
Scottish housebuilder Springfield Properties has reported record revenue and profit in its latest annual figures.
Arc & Co lends £12m on Isleworth residential scheme
Arc & Co has completed a £12m development loan with ME Developments and Octopus Real Estate to help fund a housing development in Isleworth, London, Property Week can reveal.
