Persimmon's H1 drags house builders higher, bodes well for sector in 2016

23rd Aug 2016 12:18

(ShareCast News) - UK house builders are topping the FTSE 100 leaders ladder today thanks to Persimmon's chipper interims, prompting some to highlight the sector's 2016 potential. The sector has turned in a lumpy performance over the past 12 months, but it had zipped higher after a dive immediately

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Cairn Homes inks housing deal with Hines

12th Feb 2016 15:24

(ShareCast News) - Housebuilder Cairn Homes has inked a deal with real estate group Hines Ireland to buy two sites on the Cherrywood site in Dublin for €21.5m (£16.7m). Cairn will also have the option to purchase a third lot for €9.2m on receipt of planning permission. Subject to planning approval,

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Cairn Homes at 48% discount to UK housebuilders says Credit Suisse

26th Nov 2015 15:14

(ShareCast News) - Credit Suisse has initiated coverage on Cairn Homes with an 'outperform' rating, five months after the Irish housebuilder's initial public offer in London. The Swiss bank said Cairn, the first Irish housebuilder to float since McInerney in 1997, issued 440m shares at €1 apiece in

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Cairn Homes acquires three plots of land in Dublin

26th Jun 2015 08:18

Housebuilding group Cairn Homes has acquired three plots of development land for new homes. In a statement released on Friday, the Irish company said it had purchased two sites of residential development land in Carrickmines, on Brennanstown Road, South Dublin, with a combined area of 9.1 acres for

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