BRIEF-Barratt Developments makes progress with British Land, L&Q London JVs

July 24 Wed Jul 24, 2013 2:09am EDT

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July 24 (Reuters) - Barratt Developments PLC : * Accelerates investment in London - 1,100 new homes for the capital announced * Two further joint ventures, bring gross development value of London jvs to

over £2.0 bn * British land and Barratt London have secured planning permission for 463

homes * Progressing a further jv with l&q, to develop the sainsbury's site at nine

elms * Expects housebuilding jv profit for year to 30 June 2014 to increase to

around £20M Source text for Eikon: