Bubble vision

Steve Menary
Oct. 1, 2009
The cash calls just keep on coming: first Berkeley and Bellway, then Bovis with a £60 million placing and Galliford Try with a £126 million rights issue. Support for this fundraising is all based on the notion that the land market has finally bottomed out. Berkeley and Redrow do not expect any more land writedowns and Persimmon was confident enough …

Continue reading

To continue reading this article please login or register.

Login

Forgot your password?

Register for free

Quick and free registration

Register