Wimpey (George) - The UKs Leading Housebuilder

More interest in the sector. The three companies mentioned have MASSIVE hidden value in their strategic off-balance sheet landbanks. If confirmed, could spark a further sector re-rating. Cant see private equity interest being that strong myself - but have been wrong before.

The housebuilding sector;Rumour of the day;Briefing;Need to Know
17 December 2005
The Times

Followers of the private equity industry hear a number of its bigger names are turning their attention to the housebuilding sector, previously the preserve of trade buyers. The likes of Morgan Stanley Real Estate Fund, Blackstone Group, Apax Partners and Kohlberg Kravis Roberts are cast as predators, with Bovis Homes, 7p ahead at 722 1/2p, Bellway, up 13 1/2p to Pounds 10.46 1/2, and Redrow, steady at 497p, seen as likely prey.