Housebuilders
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OnlineProfit falls 20% at Berkeley
Profit at up-market housebuilder Berkeley Group has slumped more than 20%, and the group is warning a further fall for the current year.
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Online
Bellway ignores Barking fire in latest trading update
Bellway has made no mention of the fire that engulfed the Barking Reach development in east London last weekend in its latest trading update to the market.
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Online
MJ Gleeson boss quits in row over pay and succession
The chief executive of housebuilder MJ Gleeson has left with immediate effect following a boardroom bust-up over his pay and succession planning.
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News
Modular construction gathers momentum with PfP ilke deal
£100m tie-up follows hot on heels of £90m JV between Sekisui House, Urban Splash and Homes England
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News
UK’s biggest-ever modular deal struck by PfP and ilke Homes
Launch of £100m JV, which will provide 750 units, hailed as potential ‘Uber moment’ for modular construction
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Insight
Out with the new, in with the old
Purplebricks, the “world-leading hybrid estate agency” has, it admitted on 7 May, “made sub-optimal decisions in allocating capital”. That’s the best euphemism I’ve seen for “lost money”.
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News
New reports highlight factors holding up housing delivery
Competitive pricing and council-developer relationships emerge as key issues in papers from Savills and Newgate
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Online
Bovis reports ‘strong’ trading ahead of AGM
Bovis Homes reported a rise in its sales rate in a trading update ahead of its annual general meeting today.
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News
Q&A: Urban Splash MD on Sekisui partnership
Simon Gawthorpe says JV plans to build ‘super factory’ to ramp up modular growth
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Online
Home sales rise in first half at Crest
Housebuilder Crest Nicholson has posted a 4.25% rise in sales during the six months to the end of April in a trading statement ahead of its half-year results.
