Fri, 05th Dec 2014 11:20
(ShareCast News) - Letting franchise group Belvoir Lettings said its interim profit slid, as a market slowdown had a negative impact on revenue. In the six months to the end of June, the London-listed company posted pre-tax profit of £747,000, a 3.3% decline year-on-year, while revenue slid 18.1% co
Read moreShares in Belvoir Lettings fell after the company said it had acquired East Midlands firm Newton Fallowell and said it would raise more capital. The AIM listed firm was trading at 127p at 16.05, having lost 4.15% since it opened on Wednesday. Belvoir said it had reached a conditional agreement to b
Read moreUK housing agency Belvoir Lettings saw revenues rise 32%, with management waxing optimistic on the outlook for future demand. UK housing agency Belvoir Lettings saw revenues rise 32%, with management waxing optimistic on the outlook for future demand. Sales for the first six months of the year incr
Read moreBelvoir Lettings has purchased lettings and estate agent Maitland Rachel in Hereford. Maitland Rachel will be combined with the franchise owner's current agencies. The acquisition will be financed by a loan from Belvoir head office, funded through existing cash facilities and will more than double
Read more