All the updated news related to berkeley group

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Berkeley Group says profits on track but sees spiralling costs

Builder Berkeley Group announced it is “on track” to meet its profit guidance in the year ending next April as it said it expected most of the profit will fall in the second half of the year. The business said it would deliver between £600 million ...

06 Sept 2022 at 09:27

City

Berkeley Group to take ‘cautious’ approach as sales drop

Housebuilder Berkeley Group has said it is taking a “cautious” approach to releasing new phases of developments to the market amid continued “volatility” in the UK property sector. The company nevertheless kept its outlook for the financial year ...

10 Mar 2023 at 08:02

City

Under-pressure housing investors hope for shoots of recovery in Berkeley results

Investors across the housing sector will be looking at Berkeley Group’s results next week as the housebuilder reveals how it is coping through a property market which is far from firing on all cylinders. Investors already have a decent insight ...

16 Jun 2023 at 15:26

City

Berkeley Group expected to post falling profit amid housing market woes

Berkeley Group is predicted to post a nearly one-tenth fall in pre-tax profit, as housebuilders continue to struggle with poor demand. The London-listed firm will update investors with its full-year results on Wednesday. Despite the expected ...

14 Jun 2024 at 13:33

City

High-end housebuilder Berkeley sees home reservations fall by a third

High-end housebuilder and developer Berkeley Group has flagged high inflation and interest rates weighing on the sector as it reported a slump of more than a third in home reservations. But the group stood by its profit expectations despite ...

08 Sept 2023 at 08:54

City

Housebuilder Berkeley recouping rising costs from booming property market

Berkeley Group said that it is recouping the booming cost of building homes by selling them more expensively. The business said that it was on track to meet guidance, but was facing rising costs. But like many of its peers in the building ...

11 Mar 2022 at 15:25

City

House sales to stay ‘subdued’, warns Berkeley, as reservations slump

Housebuilder Berkeley Group has said it expects to see house sales “remain subdued” as its reservations dropped by a third. It came as the London-listed firm’s profits lifted for the past half-year despite completing fewer homes in the ...

08 Dec 2023 at 07:56

City

Housebuilder Berkeley to ‘batten down the hatches’ amid sector slowdown

London-focused housebuilder Berkeley Group has reported tumbling sales in recent weeks amid a cooling market and a “toxic” mix of challenges facing the industry. The FTSE 100-listed company said the value of sales in the five weeks ...

09 Dec 2022 at 11:55

City

London homebuilder says market recovery is near amid Labour’s housing push

Berkeley Group has bet that the UK’s housing market is close to making a comeback, after buying its first new sites in more than two years. The housebuilder bought a site in Berkshire where it plans to build 220 homes, as it ...

06 Dec 2024 at 11:46

City

Buyers need confidence in economy for home sales to improve – Berkeley Group

Berkeley Group has said home sales are improving but warned buyers need confidence that interest rates will fall and the economy will stabilise. The housebuilder said in its latest trading update that “inquiries are at a ...

14 Mar 2025 at 09:54

City

Housebuilders set to report amid soaring interest rates

After their shares soared on the Government’s decision to relax environmental rules, three housebuilders are preparing to update shareholders next week. Vistry, Barratt Developments and Berkeley Group will all update ...

01 Sept 2023 at 14:38

City

Housebuilding sector to come under spotlight with a trio of results

Investors will get a good idea of how the housing market is faring with a trio of leading housebuilders unveiling financial results next week. Barratt Developments, Berkeley Group and Vistry are all set to update ...

02 Sept 2022 at 16:25

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