Persimmon has warned that its home sales will probably fall by 40% this year.
Its share price fell by 9% after the housebuilder told investors that, based on current sales rates, it would probably build somewhere between 8,000 and 9,000 houses in 2023, down from almost 15,000 last year.
Profit in 2023 is expected to be “markedly” lower than the £1bn it posted last year.
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Including:
Mitsubishi Estates and Co-Re appoint Savills to help lease the development’s office space
Decision deferred on former National Institute of Agricultural Botany revamp
Developer has taken 10 storeys off proposals since first filing
Colliers appointed to lease 50,000 sq ft of office space in the Salford Quays development
