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Encyclopedia > Barratt Developments

Barratt Developments plc is one of the largest residential property development companies in the United Kingdom. It was founded in 1958 and has always been based in Newcastle upon Tyne. It has been listed on the London Stock Exchange since 1968 and is a constituent of the FTSE 250 Index. This article is about a city in the United Kingdom. ... The Source by Greyworld, in the new LSE building Paternoster Square. ... The FTSE 250 Index is a capitalisation weighted index of 250 companies on the London Stock Exchange. ...


Barratt builds housing across a wide range of the market from studios to executive homes. It uses the Barratt Homes and KingsOak Homes brands. It formerly had a relatively small subsidiary called Barratt American in Southern California in the United States, which it sold in August 2004. Margaret Thatcher famously purchased a house on one of Barratt's most upmarket estates, in Dulwich, South London, to use a retirement home, though she has actually spent much of her retirement in a home in the central London district of Belgravia. Southern California Downtown Los Angeles Skyline Vintage Disneyland Southern California, sometimes abbreviated SoCal or colloquially, the Southland, is an informal name for the megalopolis and nearby desert that occupies the southern-most quarter of the state of California. ... Margaret Hilda Thatcher, Baroness Thatcher, LG, OM, PC, FRS (born 13 October 1925) was Prime Minister of the United Kingdom from 1979 to 1990. ... Dulwich is a generally prosperous settlement in the London Borough of Southwark. ... South London is the area of Greater London south of the River Thames. ... Belgravia is a district in the City of Westminster, London, England, to the south-west of Buckingham Palace. ...


In the year ended 30 June 2005 Barratt made profits of £406.6 million before tax and £290.7 million after tax on turnover of £2,512.7 million.


External links

  • Official site
  • Yahoo profile

  Results from FactBites:
 
SignOnSanDiego.com > News > Business -- Execs buying U.S. unit of Barratt developers (1060 words)
The American division of Barratt Developments PLC, the United Kingdom's largest residential builder, is being purchased for $165 million by its Carlsbad-based management team, company officials announced yesterday.
It is highly unusual for a division of a large publicly held company such as Barratt Developments to go private, said senior equities analyst Barbara Allen of Natexis Bleichroeder, the New York subsidiary of the French bank Group Banque Populaire.
Barratt Developments, listed on the London Stock Exchange under the symbol BDEV, has built more than 250,000 homes since it was founded in 1958 in Newcastle Upon Tyne, England, officials said.
BBC NEWS | Business | Barratt cashes in on housing boom (321 words)
Barratt's strong performance reflects surging demand for residential property in the UK, fuelled by high levels of employment and low borrowing costs.
Barratt chairman Frank Eaton said the firm had turned in its "most successful year to date," and pledged continued growth in the months ahead.
Barratt said it was planning to step up its activities in southern California, where housing market conditions are similar to those in the UK.
  More results at FactBites »


 
 

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