Vistry Grp Share News (VTY)

IN BRIEF: Vistry selected for London and Milton Keynes home projects

Vistry Group PLC - Kent-based housebuilder - Via subsidiary Countryside Partnerships, Vistry is selected as delivery partner for two housing schemes in England totalling 1,500 homes. Milton Keynes Council selects Vistry for GBP275 million development of 930 homes in the Newport Pagnell area of Milton Keynes. Half will be affordable housing. Vistry also will do the design and enabling works for 575 homes in Southall, west London, of which 174 will be affordable homes and the remaining 401 rental homes owned and operated by fellow FTSE 250 member Grainger PLC. The London contract value is about GBP145 million.

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

IN BRIEF: Vistry notes shareholders voting against meeting resolutions

Vistry Group PLC - Notes 45% of shareholders at its general meeting vote against the approval of revised policy, alongside 45% against approving the ammendments to the revised policy. Says ahead of the meeting, the board and the remuneration committee "consulted extensively" with shareholders on proposed revised directors' remuneration policy, which it says was designed "following the significant enlargement of the business and to incentivise the creation of shareholder value over the long-term". Adds: "The board is grateful to shareholders for their engagement and acknowledges that through the engagement process shareholders expressed different perspectives. The company remains committed to ongoing shareholder engagement and will continue to do so to ensure that the company understands shareholders' views and is able to consider feedback, as well as to provide clarity on the company's approach to remuneration going forward."

UK shareholder meetings calendar - next 7 days

Britain's Bellway says new home sales to fall 'materially'

Aug 9 (Reuters) - Britain's Bellway said on Wednesday it would build fewer homes this year and warned that it expects sales completions to drop "materially" amid a sharp housing sector slowdown triggered by higher mortgage rates.

UK housebuilder Bellway to cut jobs amid market slowdown

LONDON, Aug 8 (Reuters) - British housebuilder Bellway on Tuesday said it would cut a limited number of jobs as part of structural changes that include the possible closure of two divisions, citing a slowdown in house building and sales.

Taylor Wimpey expects full-year profits to halve amid housing gloom

Sees full-year operating profit at 440-470 mln stg range

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How hedge funds would trade global real estate woes

LONDON/NEW YORK, July 26 (Reuters) - Property markets knocked by high interest rates and the end of cheap financing have caught the eye of hedge funds.

LONDON BROKER RATINGS: Deutsche Bank cuts Hargreaves Lansdown to sell

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

Vistry flags tough housing market, reiterates profit forecast

Strength in affordable housing helps midcap builder

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Vistry trading in line with expectations despite mortgage rate strain

(Alliance News) - Vistry Group PLC on Thursday said its performance for the first half of the year was in line with its expectations, but housebuilding performance was hurt by higher mortgage costs.

Vistry backs FY profit expectations after in line first half

(Sharecast News) - Housebuilder Vistry backed its full-year profit expectations on Thursday as it said trading in the first half was in line with its expectations.

Battered UK homebuilder shares set for biggest daily rise in five months

LONDON, July 18 (Reuters) - UK homebuilder shares headed for their biggest one-day gain since February on Tuesday as expectations grew that British interest rates might peak sooner than initially feared.

Battered UK homebuilders set for biggest daily rise in five months

LONDON, July 18 (Reuters) - UK homebuilders shares headed for their biggest one-day gain since February on Tuesday, recovering further from the drop to seven-month lows earlier in July, as expectations grew that British interest rates might peak sooner than initially feared.