Category: REITS, Shares, Funds
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Zoopla Back in Black After Axing 100 Jobs
Property portal giant Zoopla has bounced back to profit after a tough couple of years, but not without casualties – nearly 100 jobs were cut in the process. The company, a favourite resource for property developers and investors, revealed a healthy pre-tax profit of £18.7 million in their latest financial report. This comes after a…
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Housebuilder Shares Rise as UK Property Market Rebounds
Shares in UK housebuilders are on the rise following positive news from property website Zoopla. Their latest house price index reveals that house prices bounced back in July, reversing a dip seen in June. The index also shows that buyer demand and sales agreements have surged in 2024 so far. House Price Growth Buyer Demand…
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Bellway Sees Confidence Return to Housing Market
Housebuilding giant Bellway has reported a strong finish to the year, giving developers and investors a reason to be optimistic. The company is seeing a rebound in the housing market, fueled by falling mortgage rates and a slowdown in inflation. Confidence is Back Bellway’s results paint a positive picture for the housing market. The company…
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Persimmon’s Numbers Signal a Brighter Future for Housebuilders
Persimmon, one of the UK’s biggest housebuilders, has just released its half-year results and things are looking pretty good. This could be a sign that the housing market is finally turning a corner after a tough couple of years. Persimmon built 4,445 new homes in the first six months of this year, a 5% increase…
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Berkeley’s Big Bet – 10,000 New Homes and a £1 Billion Gamble
It’s a bold move from one of the UK’s biggest housebuilders, and it’s a clear sign that they’re backing the government’s ambitious housing plans. Berkeley Group has announced plans to build 10,000 new homes over the next five years, a major boost for the sector and a major commitment from the company. Scaling Up: A…
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Planning Permission for Profits – Harworth Group Shares Ready to Boom?
Investors looking to cash in on the government’s ambitious housing plans should be looking at Harworth Group (HWG), according to Investors Chronicle. This long-time favourite is set to benefit massively from the biggest planning overhaul in years, which aims to speed up the construction of 1.5 million new homes. The Planning Power Play The UK’s…
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Foxtons Is Crushing It – How This Estate Agent Is Outperforming the Market
If you’re looking to invest in the UK property market, you can’t ignore Foxtons. The London-based estate agent, known for its bright green and yellow Minis, is proving to be a force to be reckoned with, despite the challenging market conditions. Foxtons recently released its first-half results, showcasing a significant turnaround in its fortunes. Here’s…
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Rightmove Still a Cash Cow, But Competition is Heating Up!
Rightmove’s latest financial results show the property giant is still raking in the cash, but investors shouldn’t get too comfortable. Solid Numbers, But Innovation Needed Rightmove reported a solid 7% increase in revenue to £192.1 million in the first half of the year. Operating profit also rose by 2% to £131.6 million. While these figures…
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REIT Discounts – The Tide is Turning
Investors who missed out on the last Reit boom are about to get another chance. While the property market has been through a rough patch, things are starting to look up. Experts are saying this is the time to dive back into Reits, Investors Chronicle reports. What’s Happening? Reits are real estate investment trusts, and…
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Property Shares – Labour’s Housing Boom Could Be Your Goldmine
The Labour Party’s ambitious plans to build 1.5 million new homes over the next five years have sent shockwaves through the UK property market. While some investors are hesitant, others see this as a golden opportunity to cash in on the potential housing boom. A Housing Revolution Let’s be honest, building 1.5 million new homes…