Magic circle Linklaters turnover hits record as US expansion pays off July 9, 2024 Law firm Linklaters' revenue has surpassed the £2bn mark for the first time as the firm credits deals and the expansion into the US
Barratt becomes one of the most hated shares in the UK despite Labour bounce July 9, 2024 Barratt is due to make a trading announcement tomorrow. Analysts expect operating profit to more than halve from £863m to £357m for the year, thanks to higher interest rates and inflationary pressures.
Housebuilding giants Bellway, Berkeley and Barratt laud Reeves’ planning pledge July 8, 2024 Some of the UK's largest property and housebuilding firms have welcomed the new Labour government's promise to "get Britain building again" with a reintroduction of compulsory housebuilding targets, calling them "hugely encouraging".
Crest Nicholson rejects approach from Elliott-backed Avant July 5, 2024 The board of Crest Nicholson has rejected an approach from the Elliott-backed Avant Homes, saying it was "not currently minded to engage" in negotiations with the firm.
Shares in Persimmon, Vistry and Barratt soar as Labour victory boosts market outlook July 5, 2024 Shares in property firms Persimmon, Vistry and Barratt have surged this morning as analysts label the Labour landslide victory a "positive" for house builders.
‘The jack is out of the box’: London-listed firms picked off as UK dealmaking springs to life July 1, 2024 A raid on London listed firms has accelerated in the opening months of the year as cashed up corporate buyers take advantage of a perceived valuation gap on London’s markets, new figures have revealed.
Harworth Group sells 200-home plot to Taylor Wimpey June 20, 2024 Land regenerator Harworth Group has sold a 16-acre site with planning permission for 200 homes to developer Taylor Wimpey for almost £20m.
Crest Nicholson and Bellway tie-up shows ‘logic’ say investors June 17, 2024 Housebuilders are consolidating to expand their land banks ahead of a potential market upturn, expected once higher interest rates stabilise.
CMA launches investigation into £2.5bn Barratt-Redrow merger June 14, 2024 The competition watchdog has launched a formal investigation into the £2.5bn tie-up between Barratt and rival housebuilder Redrow.
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