Week Ahead: Berkeley

Pick up in London property market could boost housebuilder
Thursday 01 Dec 2016 Author: Tom Sieber

Tuesday 6 December

Deutsche Bank says there is anecdotal evidence that overseas buyers are returning to the London property market, buoyed by sterling’s devaluation. This would be good news for London-focused housebuilder Berkeley (BKG) leading into its half results on 2 December. The investment bank says investors should focus on the ‘cash due on forward sales’ metric in the results.

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