Apr
13
Berkeley Wins Approval for 652 Homes in West London Project
ByBerkeley Group Holdings Plc won approval to develop as many as 652 homes at a west London parking lot.
The project near Marylebone rail station was approved late Tuesday by Westminster council after a 3-1 vote. London’s biggest home builder bought the 2.66-acre (1.1 hectare) plot in June 2015 and the development will include a 30-story tower, a spa, offices and stores.
Berkeley Group shares rose as much as 2.42 percent on Wednesday, the most since April 5, in London trading. The stock was trading at 3,051 pence at 08:15 a.m…