Berkeley Group announces leadership reshuffle amid housing pledge

Business & FinanceProperty
20 Jun 2025 • 4:34 PM MYT
The Independent
The Independent

The world’s most free-thinking newspaper

image is not available

  • Berkeley Group Holdings has reported end-of-year pre-tax profits of £528.9m and £337.3m in net cash.
  • Rob Perrins, the current CEO, will transition to executive chairman, succeeding Michael Dobson, while Richard Stearn will become the new CEO.
  • The company delivered over 4,000 homes, with 92 per cent on brownfield land, and distributed £251.8m in dividends to shareholders.
  • Berkeley Group unveiled a new 10-year strategy, allocating £7bn in free cash flow and committing to return at least £2bn to investors.
  • The group affirmed its commitment to the government's housing agenda, advocating for regulatory improvements to accelerate the delivery of 1.5 million affordable homes.

IN FULL