Saturday, June 26, 2010
A Londoner bullish voice
"Berkeley is aiming to grow its earnings per share and land bank by 10pc over the next year. Its land bank stands at 28,099 plots after the acquisition of 2,200 plots across 20 new sites in areas such as Belgravia, Battersea, and Wimbledon over the previous year. Berkeley's visitor numbers and cancellation rates suffered a "blip" in the run-up to the election but this trend has since been "reversed". Rob Perrins, managing director, said there was a "will to buy", even if mortgage availability remains tight." The comments (so far) are somewhat different in tone.