Contractors & Builders
U.S. Homebuilders Gain a Little Confidence in February
More encouraging news on the housing front, as the National Association of Home Builders Housing Market Index -- boosted by the federal homebuyer tax credit -- unexpectedly rose to 17 in February from 15 in January -- the first gain in five months for the index. This measure gathers builders' perceptions of current single-family sales, sales expectations for the next six months and traffic of prospective buyers. Readings over 50 indicate that more builders view sales conditions as good than poor.
Builders use green technology to overhaul empty propertiesClaire Lane IPB Communications 15.02.2010 | |
 Coleshill-based firm Frank Haslam Milan (FHM) West Midlands has breathed new life into a number of empty properties by kitting them out with carbon reducing green technology. |  Fourpattana unveils its latest strategy, i.e. “Next To..Fourpattana Group”, for 2010 following its successful restructure of its organization in order to prompt the company for all home building segments. As parts of its preparation for its 30th anniversary, the company has set an annual sale target of 615 million Baht in 2010 while pushing Fourpattana Interior to actively seek more shares in interior market. Given its successful track record and growing market awareness, the company will maintain its policy to use event marketing as its winning tool to reach out to its customers and is launching its new campaign, i.e. “Open Love Box and Get Red Pouch”, to stimulate purchasing power in 1H10. |
Biggest Thai Home Builder Moving Abroad to Expand CompanyBrian Mertens Forbes 04.02.2010 | Homebuilders Turn to Private Equity for Financing (Update1)John Gittelsohn Bloomberg 21.01.2010 |
 The success of one Thai property tycoon might owe less to bricks and mortar than to fish guts. Growing up in the coastal province of Chonburi 40 years ago, Thongma Vijitpongpun would help his father hawk fish maw soup from a pair of hampers slung on a shoulder pole, selling to a clientele of laborers. |  Jan. 21 (Bloomberg) -- More than 40 U.S. homebuilders have teamed up with private equity firms to acquire and complete unfinished subdivisions as banks cut construction lending. |
At trade show, U.S. homebuilders hope to find financingHelen Chernikoff Reuters 20.01.2010 | Builders investible as 2011 outlook warmsAndrew Macdonald and Lorraine Turner Reuters 19.01.2010 |
 LAS VEGAS, Jan 20 (Reuters) - For the first time, homebuilding's annual trade show is giving attendees access to cold hard cash and not just seminars and swag. |  LONDON (Reuters) - UK-listed housebuilders are reclaiming their investible status as the housing market edges towards growth in 2011 and beyond, rejuvenating share prices, asset values and eventually, profitability. |
Toscafund's Hughes backs housebuildersSharon Lindores Reuters 11.01.2010 | |
 The Home Builder Association will aggressively move in 2010 with its 4 strategic policies including a policy to increase total home building market value to 12 billion Baht (a 10% growth YoY); consumer oriented policy; members’ capability development policy; and CSR related policy. The Association also reveals it will focus more on direct communication with the consumers; speed up its development of a sound database system; and innovate more appealing products and services for the consumers. With the said policy framework, the Association will start its 1Q with the staging of the Home Builder Focus 2010, whose on-site target is set at 500 million Baht. |  LONDON (Reuters) - Hedge fund firm Toscafund's high-profile founder Martin Hughes is backing online gaming, housebuilders and resource stocks for 2010 but is wary of commercial property and has moved out of retailers. |
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