Berkeley Group, the housebuilder, is to return £242m this year to shareholders even after a 5.2% drop in interim profit to £81.5m.
The company’s focus on producing mixed-use developments in run-down areas of London has seen it sell fewer homes at lower prices.
References: Financial Times 09/12/06 page 17, Daily Telegraph 09/12/06 page 29 The Times Business 09/12/06 page 58, The Independent 09/12/06 page 58
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Including:
A local private investor has snapped up the multi-let office for £6.1m
Agency sees group-wide rises for leasing and capital markets revenue
The refurb is set to deliver 250,000 sq ft of office space at 125 Shaftesbury Avenue
Fund house picks up city site from Nuveen
