27th Jan 2023 07:34
One Heritage Group PLC - Manchester-based residential property developer in north-west England - On Thursday, says it continues to face industry-wide challenges, including mounting cost pressures from "building materials and also sub-contractor labour shortages". Expects impairments of GBP750,000 to GBP1.3 million across the portfolio due to delays. Adds that a planning application for 34 apartments is awaiting planning permission. One Heritage says the project will generate net revenue of GBP5.6 million. Read More