Page 73 - Berkeley Group News Today

East Brighton Gasworks Property developer St William, part of the Berkeley Group, plans to build nine tower blocks across two hectares of land on the brownfield site between Marina Way, Roedean Road and Boundary Road. But residents and campaign groups fear contamination toxins from the development could present an "environmental and human health risk" across a large residential area, which includes ten schools and colleges and the Royal Sussex County Hospital. Michael said: "We live metre...

Britains housing market has been booming throughout the pandemic, but that didnt help Berkeley Groups shares yesterday.  The housebuilder was the biggest faller on the FTSE100 after flagging delays in procuring materials since the end of the Brexit transition arrangement, and changing sales times on some of its developments due to the pandemic.  Covid appears to have had little impact on Berkeley so far. For the financial year, ending in April, the company expects to generate a similar profit...

Britain’s departure from the European Union is weighing on Berkeley Group and has applied a brake to the housebuilder’s profits. The company said yesterday that trading between November and February

Housebuilders warned against gagging orders on new home owners (Getty Images) Housebuilders that carry out repairs on new-build homes are forcing residents to sign non-disclosure agreements (NDAs) as a condition of repairs being done, according to the chairman of Parliament’s Housing Committee. Clive Betts, MP for Sheffield South East, told Radio 4’s Money Box programme that the practice was “appalling” and would not be acceptable in other industries. “If this kind of...

Berkeley Group shares crumbled this morning as analysts nudged down their profit predictions for this year.The property developer said that it was on track to turn a profit of about £504 million for

Top UK Stocks to Watch: Burberry ups expectations as sales rebound Joshua Warner March 12, 2021 8:58 AM Burberry sales return to growth, JD Sports buys MIG to expand in Europe, Bodycote maintains its track record for dividend growth, Hammerson reports record falls in rental income and property values, and Berkeley Group stays on track to meet expectations. ...

Firm delays launching new developments because of lockdowns

Hammerson widens losses as pandemic wipes £2bn off portfolio value (Getty Images) Retail landlord Hammerson this morning posted a £1.7bn loss for last year, after the coronavirus pandemic wiped £2bn off the value of its property portfolio. Hammerson, which owns Birmingham’s Bullring Shopping Centre, said losses widened from £781m in 2019 to £1.7bn last year, primarily due to falling property values.  Its portfolio value at the end of 2020 was £6.33bn, down from £8.32b...

BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - U.K. stocks were slightly lower on Friday as Treasury yields picked up again and official data showed the U.K. economy contracted less than expected in January.GDP

London markets end week on high 12/03/2021, 5:28 pm London’s top shares were ahead of their international counterparts on Friday for the first time this week. (Victoria Jones/PA) London’s top index outperformed many of its global peers for the first time all week as it prepared for the weekend with a healthy rise. The FTSE 100 closed the day up 24.51 points or 0.4% to 6,761.47. The index has not joined its counterparts in Europe and the US as they charged ahead through much of this week. E...