Join our community of smart investors

Berkeley caught in investment hiatus

The housebuilder had a lot to complain about in its results, but little in the way of encouragement for investors
December 9, 2023
  • Analysts forecast flat dividend
  • EPS to slump over next two years

Berkeley Group Holdings (BKG) is unhappy. Upset about the demands from new legislation and building guidance, such as the Building Safety Act 2022, the FTSE 100 London-focused housebuilder said at the top of its results for the six months to 31 Oct it is "not currently investing in new developments due to the planning and regulatory environment".

This is subscriber only content
Start your trial to keep reading
PRINT AND DIGITAL trial

Get 12 weeks for £12
  • Essential access to the website and app
  • Magazine delivered every week
  • Investment ideas, tools and analysis
Have an account? Sign in