Thursday, March 13, 2008
One U.K. homebuilder has been winning – why?…
Berkeley Forecasts Profit at the Top End of Estimates
Berkeley Group Holdings Plc, the U.K.'s fourth-largest homebuilder, said annual results will be at the top end of analyst estimates, helped by sustained demand in the London market. Berkeley exited high-volume homebuilding, betting that high levels of employment and a vibrant London economy would sustain demand for its apartment blocks that typically sport cafes and gyms. - So what's the plan now Berkeley?
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tyrellcorporation says:
They must have made a fortune in the first 6 months of 2007 – no other explanation IMHO.