Financial PerformanceInterim results were as expected, with operating profits up 11% and guidance unchanged, which is encouraging despite existing concerns.
Future PlansBerkeley has unveiled a new ten year plan, which will build up a portfolio of private rented units, enhancing returns in the medium term as capital is recycled.
Management StrategyManagement is confident it has spotted an inflection point, with the planning system 'galvanised' by the government's new housing ambitions.