Scotland’s First Minister Nicola Sturgeon has signalled that housing and construction would be two of the sectors that can be released from the country’s lockdown earliest. We see this as a positive for Springfield, Scotland’s only quoted housebuilder. Although precise details on timing have still to be finalised, experience in the rest of the UK suggests housing demand could revive quickly and that developers could rebuild production quickly towards pre-lockdown levels.
22 May 2020
First Minister signals return to sites in Scotland
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First Minister signals return to sites in Scotland
Springfield Properties PLC (SPR:LON) | 93.5 0 0.0% | Mkt Cap: 111.0m
- Published:
22 May 2020 -
Author:
Alastair Stewart -
Pages:
3
Scotland’s First Minister Nicola Sturgeon has signalled that housing and construction would be two of the sectors that can be released from the country’s lockdown earliest. We see this as a positive for Springfield, Scotland’s only quoted housebuilder. Although precise details on timing have still to be finalised, experience in the rest of the UK suggests housing demand could revive quickly and that developers could rebuild production quickly towards pre-lockdown levels.