Inland Homes acquires four new sites for £73m
17th Jun 2014 10:52
AIM-listed house builder and brownfield land developer Inland Homes has acquired four sites across South-East England for £73m. The group has purchased two sites, in Acton, West London and High Wycombe, Buckinghamshire, and entered into options over a further two sites in Frating and Boreham, both
Read moreSunday share tips: Journey Group, GW Pharmaceuticals, Inland Homes
23rd Mar 2014 16:57
Journey Group should benefit from the economic recovery and the knock-on effect on airlines, Midas said in the Mail on Sunday. The company, which is based in the UK but serves Los Angeles airport only, provides high quality airline food made at top restaurants during their quiet periods and transpor
Read moreN Brown Group non-exec takes stake in company after share price falls
10th Oct 2013 16:35
Simon Patterson, Non-Executive Director of N Brown Group, has taken advantage of the recent decline in its share price to acquire 10,000 shares in the online and catalogue retailer. Patterson bought the shares, his only holding in the company, at 463.54p for a total spend of £46,354. The previous
Read moreInland Homes achieves record annual results
3rd Oct 2013 10:40
Brownfield property developer Inland Homes achieved record annual results, supported by government schemes and an improvement in the housing market. Pre-tax profit for the year to end-June 2013 rose to £5.2m from £1.6m the prior year as revenue jumped to £31.1m from £6.1m. Earnings per share leapt
Read moreLookers exec buys shares after strong first quarter
29th May 2013 16:13
Lookers has seen the Managing Director of its Motor Division top up his stake in the UK new and used car dealer two times in the last week, following a bullish trading update earlier this month. Andy Bruce, who joined the firm in 2000 and was appointed to the board two years later, bought a total o
Read moreInland Homes raises funds for acquisitions
24th May 2013 08:39
Inland Homes said it has raised 4.9m pounds, before expenses, through the placement of more than 18m shares. The proceeds will be used for acquisitions including portfolio purchases and individual sites. The group is focused on acquiring land on greenfield sites for new developments. "We are very
Read moreInland Homes wins planning permission for residential development
22nd May 2013 11:18
Inland Homes has been granted planning permission for 101 homes in Chelmsford, east England. The development, located on the southern part of St. John's Hospital, will include 12 detached house backing on to Chelmsford Golf Course. It has an estimated gross development value (GDV) of £34m. The c
Read moreInland Homes ups profit share from former RAF site in Middlesex
3rd Apr 2013 07:31
Inland Homes, the AIM-listed brownfield regeneration group, has increased its profit share from the Drayton Garden Village project in Middlesex after a further deferred payment to the government. As part of its option and development services agreement with Drayton Garden Village, Inland has made a
Read moreInland Homes sees profits soar as home and land sales rise
20th Mar 2013 08:24
Inland Homes reported a three-fold rise in half-year pre-tax profit on Wednesday on the back of strong land and home sales. Pre-tax profit for the six months to the end of December 2012 rose to £3.1m from £1.1m for the same period a year earlier. The UK housebuilder posted revenues of £19.31m, up
Read moreInland Homes gains planning permission for Poole site - UPDATE
7th Dec 2012 09:44
Inland Homes has gained planning permission for 268 residential homes and a commercial space in Lower Hamworthy in Poole. The development application is for a range of housing, which includes: 68 one-bedroom flats, 125 two-bedroom flats, 2 two-bedroom houses, 64 three-bedroom houses and 9 four-be
Read moreInland Homes faces shareholder revolt
14th Nov 2012 14:24
Brownfield property developer Inland Homes is facing criticism from shareholders over directors' bonus pay. In the company's latest annual report, the company revealed that it is paying three members of its board a total of £226,000 in bonuses. The Chief Executive, Stephen Wicks, is getting £115
Read moreInland Homes to work on MoD site
10th Oct 2012 15:15
Brownfield property firm Inland Homes said it had been chosen to work on plans to redevelop a former Ministry of Defence site. The firm said it was working with the Defence Infrastructure Organisation (part of the Ministry of Defence), South Bucks District Council and Buckinghamshire County Council
Read moreSmall caps round-up: TEG, Deltex, Ultrasis...
4th Apr 2012 09:12
Loss-making green technology company TEG Group has entered into a further contract with recycling firm Viridor to process additional volumes of green and food waste in TEG's network of facilities. The contract will run until April 2014. The revenue over the term of the contract will depend upon the
Read moreInland profits soar but RBS relationship turns sour
3rd Oct 2011 11:22
Inland, which makes money by investing and building on brown field sites, has seen revenues grow 29% to £21.37m in the year to the end of June, while pre-tax profits more than tripled to £3.54m. Net assets were up from £44.46m to £48.48m with a per share value of 26.49p On the surface, Inland was
Read more3i boss spends £275,000
10th Jun 2011 16:09
The chief executive of 3i, Michael Queen, has spent £275,000 on shares in the private equity group. He took 100,000 shares at just over 275p a time. Finance director Julia Wilson, meanwhile, took 10,000 shares at 272.6p a time. 3i last month upped its dividend by 20% after reporting a sharp rise
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