U.K.-headquartered real estate business Harworth Group plc (HWG.L) on Tuesday said it achieved positive operational momentum in the first half of 2025 despite softer residential markets. The company expects EPRA NDV growth in the first half of 2025 to be flat to marginally up.
In an operational update ahead of the half-year results scheduled for September 16, Lynda Shillaw, Chief Executive of Harworth highlighted the sustained operational momentum of the last six months, the consistency of delivery against milestones, including accretive acquisitions and strong a pipeline of residential plot sales during the period.
The company said its teams remain focused on the delivery of value-creating management actions to achieve the strategic targets of 1 billion pounds EPRA NDV by the end of 2027 and a 0.9 billion pounds I&L Investment Portfolio by the end of 2029.
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