 | |
| Company type | Public limited company |
|---|---|
| LSE: BKG FTSE 100 Component | |
| Industry | Housebuilding |
| Founded | 1976 |
| Headquarters | Cobham, England, UK |
Key people | Glyn Barker (Chairman)[1] Rob Perrins (CEO)[2] |
| Revenue |  £2,550.2 million (2023)[3] |
| £518.3 million (2023)[3] | |
 £465.7 million (2023)[3] | |
Number of employees | 2,973 (2023)[3] |
| Website | www |
The Berkeley Group Holdings plc is a British property developer and house-builder based in Cobham, England. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.
The firm was founded in 1976 by Tony Pidgley and Jim Farrer as Berkeley Homes after departing Crest Homes. Initially focused on the home counties, it floated on the Unlisted Securities Market in 1984 and expanded geographically to the west, the south midlands, and East Anglia throughout that decade. Throughout the early 1990s, Berkley Group completed numerous acquisitions and created several joint ventures with other businesses; it also started to focus on major urban regeneration sites in big cities around this time. During 2003, Tony Pidgley's son and one-time director of Berkeley Group, Tony Kelly Pidgley, reportedly intended to take ownership of Berkeley Group via several external backers. The firm was negatively impacted by the Great Recession, opting to reduce its home construction rate for several years.
In the aftermath of the Grenfell Tower fire in 2017, a national crises over the presence of flammable cladding on numerous high rise buildings broke out; several Berkeley Group's buildings were reported as having been built without the proper fire measures and some had caught fire, such as Richmond House in 2019 and Holborough Lakes in 2017, while other buildings built by Berkeley were deemed to be such a fire risk that they required immediate evacuation. In February 2024, Berkeley Group was among eight British house-builders to be targeted by the Competition and Markets Authority (CMA) during an investigation into suspected breaches of competition law.
- ^ Marshall, Jordan (23 July 2020). "Glyn Barker to chair Berkeley following death of Tony Pidgley". Building. Retrieved 23 July 2020.
- ^ "Director Deals: Berkeley boss buys in, fund honchos lighten up". Shares Magazine. 22 July 2021. Retrieved 2 August 2021.
- ^ a b c d "Annual Report 2023". Berkeley Group Holdings. Retrieved 11 February 2024.