Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Berkeley Group Buys London Site From Marks & Spencer for Homes

Berkeley Group Holdings Plc, the U.K. homebuilder focused on London and southeast England, bought a 10-acre (4-hectare) site in London from Marks & Spencer Group Plc for about 100 million pounds ($152 million).

Berkeley’s St. James Group unit will build homes on the site in the White City district of the U.K. capital, replacing a Marks & Spencer warehouse, the company said in a statement today. Marks & Spencer will use the warehouse for another three years while it searches for an alternative site.

Berkeley, based in Cobham, England, has profited from acquiring land in the southeast of the country, where the housing market escaped the worst effects of the global recession in 2008 and mortgage lending has been less constrained. London house prices climbed 0.9 percent in June from the previous month, property researcher Hometrack Ltd. said in a report today.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.