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Constructive progress

By: Series: Estates Gazette ; (0110) 10 March 2001, 59-61(3)Publication details: 2001Subject(s): Summary: In the light of recent takeover bids by Taylor Woodrow and Persimmon, looks at the prospects of further consolidation, and mergers, among housebuilders. Details the views of a number of industry players. Many market analysts believe there will be further consolidation, resulting in fewer, larger firms. However other analysts, such as Steve Charnock at Charterhouse, are less convinced. Size is not necessarily advantageous in the housing business, whereas local knowledge is an imperative. Table.

In the light of recent takeover bids by Taylor Woodrow and Persimmon, looks at the prospects of further consolidation, and mergers, among housebuilders. Details the views of a number of industry players. Many market analysts believe there will be further consolidation, resulting in fewer, larger firms. However other analysts, such as Steve Charnock at Charterhouse, are less convinced. Size is not necessarily advantageous in the housing business, whereas local knowledge is an imperative. Table.