Bellway cash bid.BELLWAY showed its confidence in the property market yesterday by launching a pounds 40m fundraising drive to finance new sites in the south. The Newcastle-based builder said it had already been successful in securing contracts for land at prices it hopes will deliver attractive margins. It has made its move at a time when many of its traditional competitors have either exited the market or are operating at a reduced level. Bellway reported a stabilisation in demand for new homes, particularly in the south in areas such as North London North London is a part of London, England which has several possible definitions. River & geography The part of London north of the River Thames (illustrated). , Essex and Thames Gateway The Thames Gateway is an area of land stretching 40 miles (60 km) eastwards from East London on both sides of the River Thames and the Thames Estuary. The area, which includes much brownfield land, has been designated a national priority for urban regeneration. . |
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