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Homebuilding

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D.R. Horton says Chairman Donald Horton's 2017 Total Compensation Was $19.3 Mln

Friday, 15 Dec 2017

Dec 15 (Reuters) - D.R. Horton Inc ::D.R. HORTON INC - CHAIRMAN DONALD R. HORTON'S 2017 TOTAL COMPENSATION WAS $19.3 MILLION VERSUS $17.8 MILLION - SEC FILING‍​.D.R. HORTON INC SAYS CEO DAVID AULD'S FY 2017 TOTAL COMPENSATION WAS $10.4 MILLION VERSUS $9.6 MILLION IN FY 2016.

Gotenehus Group ‍Anna Ström Resigns As CFO

Friday, 15 Dec 2017

Dec 15 (Reuters) - Gotenehus Group Ab ::‍ANNA STRÖM LEAVES AS CFO, EFFECTIVE FROM FEB. 14, 2018​.

Gotenehus Group Recommend Shareholders Not To Accept Erik Hemberg Fastighets Offer​

Thursday, 14 Dec 2017

Dec 14 (Reuters) - Gotenehus Group Ab ::‍GÖTENEHUS BOARD UNANIMOUSLY RECOMMENDS SHAREHOLDERS NOT TO ACCEPT ERIK HEMBERG FASTIGHETS AB BID OFFER​.

CalAtlantic Homes Acquires Atlanta-Based Home South Communities

Wednesday, 13 Dec 2017

Dec 13 (Reuters) - CalAtlantic Group Inc ::CALATLANTIC HOMES SAYS ACQUIRED HOMEBUILDING OPERATIONS OF ATLANTA, GEORGIA-BASED HOME SOUTH COMMUNITIES.

UK builder Berkeley's half-year profits rise 36 pct ​

Friday, 8 Dec 2017

Dec 8 (Reuters) - Berkeley Group Holdings Plc ::‍. 2,117 HOMES DELIVERED - INCLUDES MORE THAN 10% OF LONDON'S NEW PRIVATE AND AFFORDABLE HOMES​.‍£300 MILLION OF SUBSIDIES PROVIDED TO DELIVER AFFORDABLE HOUSING AND COMMITTED TO WIDER COMMUNITY AND INFRASTRUCTURE BENEFITS IN PERIOD​.‍£533.3 MILLION OF PRE-TAX PROFIT, UP 35.8% FROM £392.7 MILLION​.‍TODAY'S STRONG RESULTS REFLECT BERKELEY'S DISCIPLINED EXECUTION OF ITS UNIQUE OPERATING MODEL WHICH PLACES PRODUCT QUALITY AND FINANCIAL STRENGTH AT ITS HEART, ALLOWING FOR INVESTMENT AT RIGHT TIME IN CYCLE.​.‍WHILE POLITICAL CONTEXT FOR HOUSEBUILDING IS TURBULENT, WHERE THERE IS STABILITY, POTENTIAL FOR GROWTH AND DELIVERY REMAINS STRONG.​.‍BERKELEY ITSELF REMAINS WELL PLACED TO DELIVER OUR CURRENT PLAN, CREATING EXCEPTIONAL VALUE FOR OUR CUSTOMERS, SHAREHOLDERS AND SOCIETY.​.‍IT IS CRUCIAL THAT NEW HOUSING POLICIES SUPPORT LONDON MARKET, NOT LEAST BECAUSE CAPITAL IS SO IMPORTANT TO PROSPERITY THROUGHOUT REST OF COUNTRY​.‍WE WELCOME FOCUS ON HOUSING IN LAST MONTH'S BUDGET; PARTICULARLY HELP FOR SMALL DEVELOPERS AND MEASURES TO GET MORE LAND INTO DEVELOPMENT.​.‍£1.5 BILLION PRE-TAX PROFIT TO BE DELIVERED IN TWO YEARS ENDING 30 APRIL 2019​.‍FIVE YEAR PRE-TAX PROFIT GUIDANCE STARTING 1 MAY 2016 UPDATED TO £3.3 BILLION FROM £3.0 BILLION​.

Russia's Etalon says on track to achieve 2017 NSA target

Thursday, 7 Dec 2017

Dec 7 (Reuters) - Etalon Group Plc says::It has delivered four residential buildings with 17,000 square metres of net saleable area (NSA) at its Golden Star project in Moscow;.With these recently completed buildings at Golden Star, Etalon Group has now delivered 188,000 sq. m. of NSA at its projects in St Petersburg and the Moscow Metropolitan Area since the beginning of 2017;.The company is well on track to achieve its FY 2017 deliveries target of more than 420,000 sq. m. of NSA..

Egypt's Heliopolis Records EGP 29.7 MLN Housing Unit Sales in Nov

Wednesday, 6 Dec 2017

Dec 6 (Reuters) - HELIOPOLIS CO FOR HOUSING AND DEVELOPMENT ::NOV 2017 TOTAL SALE OF HOUSING UNITS REACHED EGP 29.7 MILLION.

Toll Brothers Says Not Seen Change In Buyer Behavior Amid Tax Reform

Tuesday, 5 Dec 2017

Dec 5 (Reuters) - Toll Brothers Inc ::Q4 PROFIT, REVENUE MAINLY HURT BY DELAY IN CLOSING 3 CONDO UNITS, WILL NOW BE DELIVERED IN Q1 - CONF CALL‍​.ON CORPORATE SIDE OF TAX REFORM, ENCOURAGED BY POTENTIAL REDUCTION IN CORPORATE TAX RATE - CEO ON CONF CALL‍​.TOLL BROTHERS - THE ISSUE OF TAX REFORM HAS BEEN LOOMING FOR MONTHS AND WE HAVEN'T SEEN A CHANGE IN OUR BUYERS' BEHAVIOR - CEO ON CONF CALL‍​.TOLL BROTHERS - OUR BUYERS ARE GENERALLY NOT TAX DRIVEN WHEN IT COMES TO BUYING OUR HOME - CEO ON CONF CALL‍​.TOLL BROTHERS - REAL ESTATE TAX AND STATE AND LOCAL TAX DEDUCTION NOT BEING HELPFUL TO BUYERS, ESPECIALLY IN OUR COASTAL REGIONS - CEO ON CONF CALL‍​.TOLL BROTHERS - WE'VE HAD A LITTLE MORE COST INCREASE IN HOUSTON BECAUSE OF THE HURRICANE, NOT SEEN AN IMPACT ON SALES - CONF CALL‍​.TOLL BROTHERS- HURRICANE HAS RAISED COSTS, INCREASED TIME TO BUILD SOME HOMES IN HOUSTON, SAME ISSUE IN FLORIDA, ALTHOUGH NOT TO THE SAME EXTENT.WE'RE ALSO EVALUATING OPPORTUNITY TO CREATE OR ACQUIRE AN OFF-BALANCE-SHEET LAND FUND OR LAND COMPANY‍​ - CONF CALL.

Toll Brothers reports Q4 earnings per share $1.17

Tuesday, 5 Dec 2017

Dec 5 (Reuters) - Toll Brothers Inc ::TOLL BROTHERS REPORTS 4TH QUARTER AND FYE 2017 RESULTS.Q4 EARNINGS PER SHARE $1.17.Q4 EARNINGS PER SHARE VIEW $1.19 -- THOMSON REUTERS I/B/E/S.Q4 REVENUE $2.03 BILLION VERSUS I/B/E/S VIEW $2.08 BILLION.TOLL BROTHERS SEES Q1 DELIVERIES OF BETWEEN 1,300 AND 1,500 UNITS WITH AVERAGE PRICE OF BETWEEN $820,000 AND $840,000.SEES FY DELIVERIES OF BETWEEN 7,700 AND 8,700 UNITS WITH AN AVERAGE PRICE OF BETWEEN $810,000 AND $860,000.

8990 Holdings Clarifies News Articles Regarding Allocation Of Capital Expenditures‍​

Tuesday, 5 Dec 2017

Dec 5 (Reuters) - 8990 Holdings Inc ::CLARIFIES NEWS ARTICLES “8990 ALLOCATES P3 BILLION FOR CAPITAL EXPENDITURES” AND “8990 HOLDINGS EYES P10-B SECURITIZATION DEAL”‍​.CLARIFIES THAT WHILE THE PLAN TO SECURITIZE RECEIVABLES IS STILL THERE, NOTHING HAS BEEN FINALIZED YET‍​.CLARIFIES PLANNED 3 BILLION PEOS CAPEX FOR 2018 INCLUDES LAND BANK REPLENISHMENT, PPE, CONSTRUCTION OF HIGH RISE DEVELOPMENTS & LAND DEVELOPMENT.

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