Redrow share sale totals £152m for Morgan

Jessica Middleton-Pugh

Redrow chairman Steve Morgan has made £152m from the sale of 25.9 million shares, held by his company Bridgemere Group and charity The Steve Morgan Foundation, releasing a combined 7% stake in the housebuilder.

Anwyl Homes Parc St Mary's Northop Hall Flintshire.

Anwyl expands Northop Hall project

Flintshire-based Anwyl Homes has secured planning permission for 25 homes on a 1.9-acre site, next the borders of existing development Parc St Mary’s in Northop Hall.

Vanda Murray

Redrow reshuffles non-execs

Vanda Murray will join the board of housebuilder Redrow as a non-executive director from 1 August.

Watkin Jones rides student housing investor wave

The student accommodation developer is enjoying profit margins of above 20% on new projects and said international funds are entering the investment market as it continues its policy of selling projects as they come forward.

Redrow announces 35% pre-tax profit increase

Comments (1)

The Flintshire-based housebuilder posted revenue of £739m for the six months to December 2016, a 23% increase on the same period in 2015, and said that its pre-tax profits had reached a record level of £140m.