4 minutes
Housebuilder Cala Group has announced today that an agreement has been signed by the global investment firm Sixth Street Partners and Patron Capital, the pan-European institutional investor focused on property-backed investments, to acquire the company from Legal & General Group Plc.
2 minutes
Cala Group has today provided an update following a strong period of land activity and confirmed its intention to continue its site acquisition drive.
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Cala Group has pointed to the Conservatives’ controversial mini-budget last autumn for disrupting an overall “excellent” year in 2022 for the housebuilder.
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Housebuilder Cala Group has revealed a strong first half of the year, with profit before tax (PBT) in excess of £98 million, a 26% increase on the 2021 half year PBT of £77.6m.
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