Bellway’s plan to buy smaller housebuilder Crest Nicholson for around £720 million is now off despite months of negotiations.
Bellway
The directors of housebuilder Crest Nicholson have said they are “minded to recommend” an improved acquisition bid by rival Bellway.
A £650 million bid by Bellway to take over rival housebuilder Crest Nicholson has been rejected, the second refused approach in as many months.
As many as eight of the biggest housebuilders in the UK may be sharing commercially sensitive information with their competitors, the Competition and Markets Authority (CMA) has revealed today as it published its final report on the housebuilding market in Great Britain.
Tenants in Jackson Crescent, Moodiesburn, are looking forward to spending their first Christmas in one of North Lanarkshire Council's new homes located in Bellway’s ‘Manor Glen’ development.
UK housebuilder Bellway has said it expects to complete a third fewer homes this year than last year as a result of falling customer demand amid mortgage affordability constraints. Bellway is targeting to deliver completions of around 7,500 homes in this financial year, down from 10,945 homes in the
Housebuilder Bellway is to close two of its divisions and reduce activity in a third after interest rates and borrowing costs led to a drop in reservations and completions and an increase in cancellations.
Glasgow-based Akela Group has secured a £4.5 million contract to provide civil engineering, infrastructure and surfacing works at a new residential site built by Ashberry Homes in Renfrew.
East Lothian Council has approved permission for 86 houses and four flats on land to the north of Castlehill, Elphinstone.
Helensburgh residents have spoken of the “big difference” moving to a new £4.58 million housing development has made to their lives. The high-quality, energy efficient homes at Alder Gate include a mix of 36 one, two and three-bedroom houses and flats and four accessible properties
A Midlothian-based foodbank welcomed a donation of £2500 to assist with supporting families and residents in the local area. Shawfair LLP, the master planners behind the new town in Midlothian, alongside housebuilders Mactaggart & Mickel Homes, part of The Springfield Group, and Bellway Ho
A planning application has been submitted for the proposed delivery of nearly 400 new houses on the edge of a Midlothian village.
Bellway Homes has launched a consultation concerning plans to build new homes on the outskirts of Penicuik, Midlothian. Pre-application discussions for The Brae at Auchendinny include provision for a possible primary school on 28ha of fallow land bounded by established woodland.
Planning permission has been granted to add more homes to the new development at Winchburgh. Bellway Homes (Scotland East) has been granted planning permission for a development of new homes at Winchburgh.
Independent consulting engineer Dougall Baillie Associates (DBA) has landed a whole structural design contract on a housing development on the last piece of vacant land at Renfrew’s Braehead Shopping Centre. Working with Bellway Homes, the specialist firm will provide design services at L