Cairn Homes

Citywest PRS deal announced

  • Sectors : Construction and Housebuilding
  • Companies : Cairn Homes

Ratings and price correct at time of issue.

  • Cairn Homes

    Closing Price: 96.0c

  • RATING 26/08/15

  • PREVIOUS RATING N/A

Person's Name

Colin Sheridan CFA

Analyst

DAVY VIEW

The deal announced this morning shows the strong potential for Cairn Homes to sell into the private rented sector (PRS) as well as the home owner market. Such a strong forward sold site provides good visibility on revenue into 2020 and 2021.

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Aug 27 2019, 09:30 IST/BST

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