Vistry Warns of Cost Pressures in 2025

12 Nov 2024 CW Team

Vistry Group, a major UK-based homebuilder, has issued a warning about continued cost pressures into 2025, leading to a significant 21% drop in its share price. The company cited rising construction costs, driven by inflation and supply chain disruptions, as key factors affecting its profitability and market outlook. These financial challenges come amidst a slowdown in the UK housing market, which has seen reduced demand and affordability issues for buyers.

Despite these hurdles, Vistry remains committed to its growth strategy and has been focusing on improving operational efficiencies and managing cost inflation. The company plans to adjust its pricing strategies and increase its focus on affordable housing projects to maintain its position in the competitive housing sector.

Vistry's warning has raised concerns within the investor community, but the company is hopeful that, with the right adjustments, it can weather these pressures and maintain long-term growth. The drop in its shares reflects the broader sentiment in the market regarding potential challenges facing construction and housing companies in the near future.

Products

07 Jul 2026

EUROBOND Expands NABL Accreditation to 51 Testing Parameters

EUROBOND, the flagship brand of Euro Panel Products, has expanded the National Accreditation Board for Testing and Calibration Laboratories (NABL) accreditation of its in-house laboratory from 16 to 51 mechanical and chemical testing parameters, making it the only Indian aluminium composite panel (ACP) manufacturer with accreditation covering such an extensive testing scope.The expanded accreditation enables the company to independently test coils, coatings, cores, aluminium composite panels (ACP) and metal composite panels (MCP) in accordance with international standards, including IS, ASTM, ..

Dubai Property Sales Rise as Rental Activity Hits Record High

Dubai's real estate market recorded its highest-ever monthly rental activity in June, while property sales rose sharply in both value and volume, reflecting sustained demand across the emirate's residential and commercial sectors.According to a market analysis by fäm Properties based on DXBinteract data, 40,022 rental contracts were registered during the month, the highest monthly total on record. New rental contracts increased 48.6 per cent year on year to 19,245, while renewals rose 28.5 per cent to 20,777.Property sales reached 13,933 transactions worth AED33.2 billion in June, representin..

Isprava Partners Courtside to Launch Luxury Padel Experience

Luxury home developer Isprava has partnered with Courtside, Mumbai's first padel social club, to launch The Isprava Court, integrating its design-led lifestyle proposition with one of the city's emerging sporting destinations.Located on the rooftop of Atria Mall in Worli, Courtside spans 20,000 sq ft and combines padel, wellness, hospitality and community experiences. Since opening in February 2026, the venue has positioned itself as a social hub for sports and lifestyle enthusiasts.The Isprava Court features curated brand elements, including bespoke court branding, branded nets, towels and ac..