We Help Companies Find New Sales Opportunities
Berkeley Group is to sell its Crosby Homes division to management for about £450m, as part of a strategy to focus on large urban regeneration projects.
Berkeley has raised £47m in a share placing to fund the development of upmarket flats, offices and shops on brownfield sites.
Berkeley is selling the Scottish operations of its Crosby Homes division to Manor Kingdom Developments for £22m.
Berkeley, the housebuilder, is planning to double the volume of work contracted out to other builders and include more pre-fabricated components in its homes.
Berkeley is looking to expand its housebuilding operations in the Midlands, the West Country and the north of England, where it is seeking potential sites for brownfield developments.
Berkeley Group is acquiring Thirlstone Group, the builder of luxury homes in Surrey, in a £15m deal.