Confident Berkeley to Speed Up Shareholders' Cashback

Evening Standard - London › June 29, 2007

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Summary

LONDON'S housing market will continue rising strongly, the capital's largest home builder predicted today.

Berkeley Group, which is increasingly switching from building new upmarket properties to redeveloping old council estates, saw its pre- tax profits jump by 14% to 188 million last year as rising house prices boosted profit margins.

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Confident Berkeley to Speed Up Shareholders' Cashback

It actually sold fewer home...

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