INL.L Share News (INL)

Inland Homes To Sell 107 Drayton Garden Village Apartments For GBP21M

Inland Homes To Purchase Office Sites In Buckinghamshire For Conversion To Residential Units

Lookers exec buys shares after strong first quarter

Lookers has seen the Managing Director of its Motor Division top up his stake in the UK new and used car dealer two times in the last week, following a bullish trading update earlier this month. Andy Bruce, who joined the firm in 2000 and was appointed to the board two years later, bought a total o

Inland Homes raises funds for acquisitions

Inland Homes said it has raised 4.9m pounds, before expenses, through the placement of more than 18m shares. The proceeds will be used for acquisitions including portfolio purchases and individual sites. The group is focused on acquiring land on greenfield sites for new developments. "We are very

Inland Homes wins planning permission for residential development

Inland Homes has been granted planning permission for 101 homes in Chelmsford, east England. The development, located on the southern part of St. John's Hospital, will include 12 detached house backing on to Chelmsford Golf Course. It has an estimated gross development value (GDV) of £34m. The c

Inland Homes ups profit share from former RAF site in Middlesex

Inland Homes, the AIM-listed brownfield regeneration group, has increased its profit share from the Drayton Garden Village project in Middlesex after a further deferred payment to the government. As part of its option and development services agreement with Drayton Garden Village, Inland has made a

Inland Homes sees profits soar as home and land sales rise

Inland Homes reported a three-fold rise in half-year pre-tax profit on Wednesday on the back of strong land and home sales. Pre-tax profit for the six months to the end of December 2012 rose to £3.1m from £1.1m for the same period a year earlier. The UK housebuilder posted revenues of £19.31m, up

Inland Homes gains planning permission for Poole site - UPDATE

Inland Homes has gained planning permission for 268 residential homes and a commercial space in Lower Hamworthy in Poole. The development application is for a range of housing, which includes: 68 one-bedroom flats, 125 two-bedroom flats, 2 two-bedroom houses, 64 three-bedroom houses and 9 four-be

Inland Homes faces shareholder revolt

Brownfield property developer Inland Homes is facing criticism from shareholders over directors' bonus pay. In the company's latest annual report, the company revealed that it is paying three members of its board a total of £226,000 in bonuses. The Chief Executive, Stephen Wicks, is getting £115

Inland Homes to work on MoD site

Brownfield property firm Inland Homes said it had been chosen to work on plans to redevelop a former Ministry of Defence site. The firm said it was working with the Defence Infrastructure Organisation (part of the Ministry of Defence), South Bucks District Council and Buckinghamshire County Council

Small caps round-up: TEG, Deltex, Ultrasis...

Loss-making green technology company TEG Group has entered into a further contract with recycling firm Viridor to process additional volumes of green and food waste in TEG's network of facilities. The contract will run until April 2014. The revenue over the term of the contract will depend upon the

Inland profits soar but RBS relationship turns sour

Inland, which makes money by investing and building on brown field sites, has seen revenues grow 29% to £21.37m in the year to the end of June, while pre-tax profits more than tripled to £3.54m. Net assets were up from £44.46m to £48.48m with a per share value of 26.49p On the surface, Inland was

3i boss spends £275,000

The chief executive of 3i, Michael Queen, has spent £275,000 on shares in the private equity group. He took 100,000 shares at just over 275p a time. Finance director Julia Wilson, meanwhile, took 10,000 shares at 272.6p a time. 3i last month upped its dividend by 20% after reporting a sharp rise

Inland's West Drayton promise

Brownfield land developer Inland's interim figures include the first contribution from Drayton Garden Village which could significantly boost the company's NAV in the next few years. AIM-quoted Inland's underlying NAV is 24.8p a share but Inland can earn a 90% profit share on the Drayton developme

Inland repays RBS loan

Brownfield land developer Inland has repaid all its borrowings from RBS so that it does not incur any penalty. The revolving facility with of £9.3m with RBS reduced periodically and expired on 30 June 2011. Inland says that RBS would "receive inordinately high fees" if the loan were not paid off by