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CALA Group (Holdings) Limited [1] is a British housebuilding company headquartered in Edinburgh, Scotland. [2] It has grown to become one of the largest housebuilders in the UK. [3] In the year to 31 December 2023, Cala Group sold 2,917 homes, had a turnover of £1.3bn and reported a pre-tax profit of £112m.
In September 2010, Miller Homes recorded a pre-tax loss of £27 million, some of which was attributed to the costly debts it was carrying. [ 13 ] [ 14 ] In April 2011, shortly after rival firm McInerney Holdings' entry into administration , Miller Homes secured a management contract valued at £100 million relating to ten sites previously owned ...
Cala Group, which L&G bought in 2018, is among the UK’s 10 biggest housebuilders and sold just under 3,000 homes last year. Legal & General sells housebuilder Cala to private equity groups Skip ...
In March 2024, Legal & General began to exit the housing market, appointing Rothschild & Co to handle the sale of Cala Homes, valued at around £750m. In 2022, Cala had sold 3,000 homes and employed 1,300 staff. [33] [34] In May 2024, Persimmon, Taylor Wimpey and Avant Homes were considering bids, [35] but in September 2024, Cala Homes was sold ...
Nationally, many economists call for home prices to rise between 2% and 4% next year, around historical averages. But the strength of the housing market is likely to vary heavily by location.
In July 2017, Optimum Credit, owned by Patron, completed the first public securitisation of second-charge mortgages by a UK mortgage lender since the credit crisis [46] In August 2017, Patron Capital and Heineken completed £1.8 billion acquisition of Punch Taverns, [ 47 ] which owns a number of pubs in the UK, including The Griffin, Whetstone .
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