Berkeley Group slumps on ‘strategic reset’

Residential construction firm Berkeley Group (BKG) announced a major strategic reset in light of the weakening housing market. The company confirmed its FY26 financial targets, but declined to update its FY27 guidance sending shares 15% lower. Slow market Berkeley develops brownfield sites in urban areas into new homes for sale and for rent where they … Continue reading Berkeley Group slumps on ‘strategic reset’