It is really rather stunning we are not seeing takeover activity within this sector. Especially as Chinese investors seem willing to shower billions of dollars on flats and houses - perhaps one day they will figure it out
This far this quick and no takeover rumours? Novel.
I am sure it will - just short term share price is more affected by US inflationary fears and rising bond yields, causing bit of sector rotation into unloved financials but should be over and done with soon. Meanwhile takeover off Cala and potential block sales of 300 Barratt apartments in London should be giving big support to whole sector
Chinese investor eyes up high-end house builder Cala Homes for takeover