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Grand Ming Group says unit intends to acquire Excel One ​

Thursday, 16 Nov 2017 04:15am EST

Nov 16 (Reuters) - Grand Ming Group Holdings Ltd <1271.HK>::‍GM Property intends to acquire entire issued capital of Excel One from seller​.‍Consideration of proposed acquisition is HK$420 million​.

Tamawood anticipates that funding will be an issue in H2FY18

Thursday, 16 Nov 2017 12:03am EST

Nov 16 (Reuters) - Tamawood Ltd :Anticipated that funding will be an issue in H2 of FY18, board looking at available options for continued viability to complete projects.

Urbas 9-month net profit up at 3.4 mln euros YoY

Wednesday, 15 Nov 2017 07:39am EST

Nov 15 (Reuters) - URBAS GRUPO FINANCIERO SA ::9-MONTH NET PROFIT 3.4 MILLION EUROS VERSUS 1.1 MILLION EUROS YEAR AGO.

Orelstroy 9-month net profit to RAS up at RUB 178.7 ‍​mln

Wednesday, 15 Nov 2017 06:14am EST

Nov 15 (Reuters) - ORELSTROY PAO ::REPORTED ON TUESDAY 9-MONTH NET PROFIT TO RAS OF RUB 178.7 ‍​MLN VS RUB 168.3 MLN YEAR AGO.9-MONTH REVENUE TO RAS OF RUB 1.20 BLN VS RUB 907.4 MLN YEAR AGO.

Egypt's United Co for Housing and Development Q3 profit rises

Wednesday, 15 Nov 2017 02:06am EST

Nov 15 (Reuters) - UNITED COMPANY FOR HOUSING AND DEVELOPMENT ::Q3 NET PROFIT ATTRIBUTABLE TO SHAREHOLDERS EGP 20.9 MILLION VERSUS EGP 8.5 MILLION YEAR AGO.Q3 REVENUE EGP 36 MILLION VERSUS EGP 12.5 MILLION YEAR AGO.NINE-MONTH NET PROFIT EGP 77.4 MILLION VERSUS EGP 56.7 MILLION YEAR AGO.

Crest Nicholson Holdings sees FY growth in reported sales about 6-7 pct

Wednesday, 15 Nov 2017 02:00am EST

Nov 15 (Reuters) - CREST NICHOLSON HOLDINGS PLC ::‍OVERALL HOUSING UNIT COMPLETIONS IN 2017 WERE UP BY 2.3% AT 2,935 HOMES.​.FY OPEN-MARKET AVERAGE SELLING PRICES HAVE INCREASED BY 5.4% TO £391K​.‍ANTICIPATE GROWTH IN REVENUES ACROSS ALL TENURES AND REPORTED SALES FOR YEAR TO BE C. 6-7% HIGHER THAN FY2016​.‍AVERAGE NUMBER OF SALES OUTLETS ACROSS YEAR WAS 51, AN INCREASE OF 8.5% OVER 47 ACHIEVED IN 2016.​.‍AT END OF OCTOBER 2017, TOTAL FORWARD SALES OF £391.4M ARE 13.6% HIGHER THAN LAST YEAR (£344.5M)​.‍OCTOBER 2017 OUTLETS TOTALLED 55, INCREASING 12.2%​.‍HOUSING MARKET IS GENERALLY ROBUST ACROSS GROUP'S PRINCIPAL OPERATING AREAS AND SALES PRICES CONTINUE TO SHOW MODERATE GROWTH ​.‍CENTRAL LONDON TRANSACTIONS ARE SUFFERING FROM SOME VOLUME AND PRICE WEAKNESS.​.SAYS "THERE MAY BE SOME IMPACT FROM CURRENT ECONOMIC AND POLITICAL UNCERTAINTY".‍REMAINS WELL POSITIONED TO GROW VOLUMES AND DELIVER HOMES THAT UK NEEDS WHILE MEETING TARGET OF £1.4BN SALES IN 2019​."HIGH LEVELS OF EMPLOYMENT, LOW INTEREST RATES, GOOD MORTGAGE ACCESS, HELP TO BUY SCHEME UNDERPIN DEMAND FOR NEW-BUILD HOUSING".CONTINUES TO DEVELOP ITS OFF-SITE MANUFACTURING INITIATIVE AND THERE ARE PLANS TO BUILD UPON THIS YEAR'S INITIAL TRIALS IN 2018​.

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