Berkeley Group looking to ease housing market fears ahead of further interest rate pain Housebuilder Berkeley is looking to soothe fears of more interest rate pain and a slump in the housing market this week as it updates the City on its full year’s performance.
Berkeley Group profits rise to over £550m after ‘exceptionally volatile period’ Property The boss of property developer Berkeley Group hailed “extraordinary” progress made in the past year today as the firm posted a 6 per cent rise in pre-tax profits for the full year to April.
Housebuilder: Planning and tax rules are stopping us building London homes HOUSEBUILDING Berkeley Group CEO Rob Perrins has said Britain's planning frameworks are making it increasingly difficult to build new homes for Londoners
Berkeley shrugs off housing market woes and remains on track for three-year growth plan March 15, 2024 British property developer Berkeley Group is on track to deliver £1.5bn of pre-tax profits over the next three years, according to an update by the firm this morning.
‘London will flourish again’ says Berkeley Group as it lands £500m profit June 23, 2021 London received a vote of confidence from Berkeley Group this morning as the housebuilder’s boss said he believed the capital is set for a post-pandemic boom. The Group made a profit before tax of more than half a billion pounds in its last financial year, much of which was driven by the sale of properties [...]
UK housebuilder Berkeley Group expects profits to flatline despite housing boom March 12, 2021 Berkeley Group said this morning that profits are set to flatline this year, in line with expectations. The UK housebuilder said it is on track to post a similar profit to last year’s £503m, and that forward sales are expected to be more than £1.7bn for the year. It estimated that future gross margin in [...]
Berkeley Group’s belief in London is ‘resolute’ despite pandemic hit December 4, 2020 Berkeley Group has reaffirmed its commitment to London even as its profits took a hit from pandemic uncertainty. Chief executive Rob Perrins said the company’s “belief in London and our developmetn approach is resolute” as it reported its interim results. The company has acquired three sites in London this year – Borough Triangle in Southwark, [...]
Week ahead: US jobs, Berkeley and Ashtead Group December 3, 2023 Markets are bracing for next week's US jobs data and key results from housebuilder Berkeley and the equipment rental giant Ashtead Group.
Berkeley Group holds guidance on robust trading despite Covid-19 hit September 4, 2020 Property developer Berkeley Group today maintained its guidance for the full year after reporting better-than-expected trading during the coronavirus outbreak. The FTSE 100 housebuilder held its forecast for pre-tax profit of £500m and confirmed its plan to return £280m to shareholders per year. Berkeley said it now expected a more even split in profit between [...]
Letter to the editor: How brownfield sites can help us solve the housing crisis April 2, 2024 Pushing London further out into the country with another onion ring of low-density greenfield housing is not the solution to the housing crisis.