Crest Nicholson: Bellway’s bid ‘significantly undervalued’ housebuilder June 14, 2024 Bellway yesterday went public with the news it had tabled a bid on 7th May for its smaller rival in the latest of a flurry of consolidation efforts
Industry welcomes Labour plans to win over first-time buyers with housing reforms June 13, 2024 Opposition party Labour has promised a major reform to housing, if it wins the next general election, including support for first time buyers.
Crest Nicholson: House builder’s profit craters 71 per cent ahead of new chief’s arrival June 13, 2024 House builder Crest Nicholson said operating profit slid in the first half of the year as the firm continues to be bruised by challenges in the property sector.
Confidence in UK property market starts to dip ahead of election June 13, 2024 Confidence in the UK housing market is starting to dip despite signs of improvements in recent months, according to the latest property surveyor report from the Royal Institution of Chartered Surveyors (RICS).
GPE’s rights issue brings in the money for property group June 12, 2024 Demand for the Great Portland Estates (GPE) rights issue was strong according to the company.
FTSE 100 today: London markets eye UK GDP for direction; US Fed policy decision key June 12, 2024 Asian markets hold steady despite Wall Street's record highs. Apple shares surge. All eyes on UK GDP, Fed rate decision, and US inflation.
China’s consumer inflation steady, factory prices dip in May June 12, 2024 China's consumer inflation remained stable in May, while the decline in producer prices showed signs of easing.
Olympia London: ‘Transformative’ glass canopy added to £1.3bn Hammersmith project June 11, 2024 Olympia, the £1bn regeneration scheme in Hammersmith, has unveiled its “transformative” glass canopy as construction works continue to get underway for the landmark development.
‘Deepening crisis: London house building craters as UK pipeline at lowest since records began June 11, 2024 England's house building pipeline is at the lowest level since records began 17 years ago, as fresh pressure is piled on government parties to mend a “deepening housing crisis”.
Bellway: Analysts cautious on outlook despite improving market for homebuilders June 10, 2024 Bellway has struggled to return to growth as interest rates have remained relevant.