News

Berkeley warns of risk of ‘further deterioration’ in economic conditions due to Iran crisis

By 2026-03-13T13:07:00

shutterstock_2109057182 (3)

Source: Shutterstock

Housebuilder sticks with previous profit guidance in trading update

Berkeley has re-affirmed its profit guidance while noting the risk of “a further deterioration in macro conditions” due to the ongoing crisis in the Middle East.

In a third quarter trading update covering the period from 1 November 2025 to 28 February 2026, the housebuilder maintained its guidance of £450m in pre-tax profit for the year, with a similar level anticipated for full-year 2027.

This content is available to registered users | Already registered?Login here

You are not currently logged in.

To continue reading this story, sign up for free guest access

Existing Subscriber? LOGIN

REGISTER for free access on selected stories and sign up for email alerts. You get:

  • Up to the minute architecture news from around the UK
  • Breaking, daily and weekly e-newsletters

 

Subscribe to Building Design and you will benefit from:

Gated access promo

  • Unlimited news
  • Reviews of the latest buildings from all corners of the world
  • Technical studies
  • Full access to all our online archives
  • PLUS you will receive a digital copy of WA100 worth over £45

Subscribe now for unlimited access.