(Sharecast News) - Pearson: UBS upgrades to buy with a target price of 650p. Construction of McCarthy and Stone’s latest development is set to begin in Cullompton next July. How to stay informed Sign up to receive the latest Group news and updates by email: Retirement home developer McCarthy & Stone fell to a loss over the six months to the end of April, and said the financial impact of the Covid-19 crisis is likely to be felt even more acutely during the second half of the year. McCarthy & Stone appoints two new chief operating officers Retirement home developer McCarthy & Stone said it had appointed Nigel Turner and Mike Lloyd as dual chief operating officers. McCarthy & Stone Retirement home builder McCarthy & Stone has revealed a £40m a year cost-cutting drive as its new boss looks to turn around the … All information is provided free of charge, 'as-is', and you use it at your own risk. The board of Bidco - a wholly-owned indirect subsidiary of Lone Star Real Estate Fund VI - made the offer today. The retirement living complex on Willand Road will feature one and two bedroom apartments for people aged 60 and over. London South East does not authorise or approve this content, and reserves the right to remove items at its discretion. Click here to register. Follow MCS. Shares in McCarthy & Stone, which has properties across Scotland, jumped on the announcement to 117p - above the share offer of 115p per share. Unfortunatly Covid 19 raised its’ head. The McCarthy & Stone website forms and the data you submit is encrypted and sent via a secure connection. The latest breaking news, comment and features from The Independent. McCarthy & Stone could be looking at a quarter of its units in future being rental properties, such is the level of demand. McCarthy & Stone Annual Loss In Line With Internal Expectations. Gloria Hunniford Opens New McCarthy and Stone Development in Stafford Green fingered retirees spring into the new season at fern court in swansea Green fingered retirees spring into the new season at shepheards house The group, which plans to announce its results for the 14 months to the end of October 2019 on 28 January, said turnover for the period was expected to be around £720m, versus £672m for the 12 months to the end of August. This blog considers what developers can learn from the recent judicial review by McCarthy and Stone of The Mayor’s Affordable Housing and Viability SPG published in 2017, and where this leaves the affordable housing and viability policies proposed by the draft London Plan and the draft NPPF and NPPG. Don't have an account? McCarthy & Stone PLC (d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: (e) Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date prior to the disclosure. McCarthy & Stone will not share any of your information with any other parties for marketing purposes. Email. McCarthy & Stone is currently evaluating several further actions to balance the preservation of cash with the long-term needs of the business. Please refer to McCarthy & Stone terms and conditions for further details. As Lone Star makes a bid for McCarthy & Stone, Joanna Bourke looks at why UK retirement housing looks attractive to investors. ... Latest news… MCCARTHY & STONE PLC (d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: (e) Date position held/dealing undertaken: For an opening position disclosure, state the latest practicable date … Form 8.3 - McCarthy and Stone 13:35:16 30 Oct 2020 - null - News article - Regulatory News Service The retirement housebuilder’s shares were down 1.98% this morning on the news. The UK’s leading developer and manager of retirement communities, McCarthy and Stone, has announced planning consent has been approved at its forthcoming Retirement Living Plus development on Exeter Road in Topsham, which will eventually feature a collection of one and two bedroom apartments for people aged 70 and over. Summary. While London South East do their best to maintain the high quality of the information displayed on this site, we cannot be held responsible for any loss due to incorrect information found here. UK BROKER RATINGS SUMMARY: Goldman Sachs And BofA Both Lift IAG To Buy, UK Earnings, Trading Statements Calendar - Next 7 Days, UK BROKER RATINGS SUMMARY: Analysts Positive On The Hut Group. (Sharecast News) - McCarthy & Stone has agreed to be bought by US private equity group Lone Star in a deal that values the retirement housebuilder at £630m. A former printing site is set to be transformed to provide care and respite for elderly residents in Cullompton. Get the latest up-to-the minute news on Mccarthy & Stone from ADVFN MOST READ IN OPINION McCarthy & Stone shareholders vote in favour of £647m takeover deal, Lone Star sweetens offer for retirement builder McCarthy & Stone, McCarthy & Stone warns retirement housing market to remain difficult, Lone Star in bid to buy retirement builder McCarthy & Stone, Business focus: Why retirement housing looks attractive to investors, McCarthy & Stone falls into red after retirement home sales suffer, Retirement homes builder McCarthy & Stone offers flats to government, John Tonkiss: The boss trying to put a new spin on retirement homes, McCarthy & Stone in push for retirement rental homes, McCarthy & Stone offers sweeteners to lure retirement home customers, McCarthy & Stone’s ‘stamp duty break’ for OAPs inspires investors, McCarthy & Stone may be doddery but it’s not done for yet, Retirement homes boss retires after McCarthy & Stone profit collapse, McCarthy & Stone shares dive after new leasehold proposal unveiled, Housebuilders fight Sadiq Khan on retirement homes plan, City Spy: The explosive claims of bombed-out banker Sergei Pugachev, McCarthy & Stone set for £1 billion return to the stock market. (Sharecast News) - Lone Star has sweetened its bid for London-listed retirement housebuilder McCarthy & stone. It may be bad news for the management and shareholders but good news for ordinary families. monthly and annualsubscriptions available. TOP NEWS: Bidder Ups Cash Offer For McCarthy & Stone To GBP647 Million, UK Shareholder Meetings Calendar - Next 7 Days, Hammerson, McCarthy & Stone Could Rejoin FTSE 250 In Upcoming Review. McCarthy & Stone’s profits have been hit by restructuring and redundancy costs, resulting in a 66% tumble in profits. Just 3 miles east of Edinburgh's city centre, Portobello is a historical seaside town with a large sandy beach and a busy, lively promenade filled with shops and restaurants. McCarthy & Stone is the biggest builder of retirement flats in Britain, with 1,200 developments across the country, and sales of about £700m … The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates. McCarthy & Stone is currently completing construction of Retirement Living and Retirement Living PLUS (formerly Assisted Living) Extra Care apartments on the southeasternmost part of the site. A McCarthy & Stone scheme Terms have been agreed on a recommended takeover offer for McCarthy & Stone which values the retirement community developer at £630m. McCarthy & Stone - latest news, breaking stories and comment - Evening Standard Login Register Logout With our newsletters and social media channels. McCarthy & Stone Shareholders Approve GBP647 Million Takeover Bid Tue, 8th Dec 2020 10:37 (Alliance News) - McCarthy & Stone PLC on Tuesday said its shareholders had approved a GBP647 million … Financial News Articles for Mccarthy & Stone Plc Ord 8P updated throughout the day. PLANS for a block of dozens of specialist retirement flats in Canford Cliffs could be approved later this week. Encouraging signs of growth for CyanConnode as smart meter tech company releases Half-Year results Watch Now, UPDATE: McCarthy & Stone Takeover Gets EU Green Light, McCarthy & Stone Shareholders Approve GBP647 Million Takeover Bid. UK retirement housebuilder McCarthy & Stone has agreed to be taken over by a US private equity group in a cash deal worth £630m.. 30/04/2018 April 2018 – McCarthy and Stone submits bungalow plans for Eaton; Register For Updates. Mccarthy News Headlines. Manage your personalised Watchlist.Set up an online Virtual Portfolio.Participate in Share Chat.See more trades and director dealings.Play the Fantasy Share Trading Game. Our visits to view had to be orchestrated but were a pleasure and we began the purchase process with Ann Stewart which went extremely smoothly. Lone Star bumps up offer for McCarthy & Stone, McCarthy & Stone completions, sales drop due to Covid-19. Name. Sitting close to the heart of Portobello, the new McCarthy & Stone Retirement Living development is a waterside haven in Edinburgh. Shareholders back McCarthy & Stone sale to Lone Star Buyout of retirement housebuilder by private equity firm approved despite significant vote against US private equity firm Lone Star managed to secure approval of its £647m takeover of retirement housebuilder McCarthy & Stone in a shareholder vote late yesterday. UK BROKER RATINGS SUMMARY: UBS And Barclays Raise McCarthy & Stone, LONDON BRIEFING: Buoyant Hut Group Raises Annual Revenue Guidance. McCarthy and Stone Augustus House gave us the best options for personal reasons and most importantly gave flexible life style arrangements. MCS Mccarthy & Stone Plc Samson Rock Capital LLP - Form 8.3 - McCarthy & Stone Plc ... Mccarthy & Stone News . McCarthy & Stone boss: Stamp duty cuts would get the economy moving again The retirement housebuilder's chief John Tonkiss talks Covid deaths, ethnic … McCarthy and Stone - latest news, breaking stories and comment - The Independent Subscribe now (Sharecast News) - easyJet: Bank of America Merrill Lynch upgrades to buy. Homeowners can socialise as much or as little as they wish, with a variety of events from coffee mornings to jazz evenings, there is something for everyone. McCarthy & Stone PLC reported a big drop in first-half profit as it booked one-off costs of £14mln related to a new business plan to improve its margins, … MCS Share News. Latest London news, business, sport, showbiz and entertainment from the London Evening Standard. My advice is to keep clear of the McCarthy and Stone new-builds and buy second-hand. Encouraging signs of growth for CyanConnode as smart meter tech company releases Half-Year results. Datafeed and UK data supplied by NBTrader and Digital Look. (Sharecast News) - Retirement housebuilder McCarthy & Stone said on Wednesday that it was on course for a full-year underlying loss in line with its expectations as it reported a slump in completions and revenue and said it was being increasingly affected by Covid-19 and related government restrictions. 120.00 0.00 ... , state the latest … Life at McCarthy & Stone. McCarthy & Stone floated in 2015 and is positioned to capitalise on the lack of supply of retirement housing for the UK's ageing population. McCarthy and Stone is now appealing to people in … 16/12/2020 The company posted revenues of £101.1m, down by … McCarthy & Stone continues on its journey to champion older people with the launch of a new Charitable Foundation 17 Nov 2020 McCarthy & Stone, the UK’s leading developer and manager of retirement communities, has today announced the launch of the McCarthy & Stone Foundation as the organisation continues to celebrate, champion and defend the role of older people. McCarthy and Stone offer more than a new home; they offer a new lifestyle and opportunity for older people to embrace retirement, enabling homeowners to pursue new pastimes and interests. ... Latest News. McCarthy & Stone was rocked by the Covid-19 outbreak suffering a £91m pre-tax loss in the first half of the year with revenue plunging to just £101m. 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