The Bangor-based build-to-rent and student accommodation developer said while earnings for the first half of its financial year would be in line with expectations, dividend payments and pay rises were cancelled.
The housebuilder aims to start building 64 homes in North Wales after securing approval last week.
Macbryde Homes is due to start on site in late spring on 24 homes on the edge of Holt, after receiving consent from Wrexham Council.
The housing arm of North Wales-based Pure Residential & Commercial has added two members to its management team, a head of construction and a commercial manager, as it looks to expand in the North West.
Construction of the envelope around the 106-bedroom Hilton Garden Inn at Adventure Parc Snowdonia is now complete, and work is starting this week on internal walls, along with the mechanical and electrical fit out.
The recent demise of high-profile construction companies such as Pochins and Bardsley has had far-reaching effects in the property development sector, writes says Carrie Arnold of Bridge Insurance Brokers Limited.
FI Real Estate Management has let 10,000 sq ft of industrial units at the 8m sq ft business park in Wrexham.
Construction of Anwyl’s latest affordable housing scheme on the site of the former Edelweiss Hotel in Colwyn Bay has begun, with completion targeted for September.
The housebuilder has started work on Dôl Gele, a 72-home scheme on Llanfair Road.
