ONS data shows construction output for private housing across Britain fell 6.3% in the three months to January 2026, while total construction output during the period also dropped 2%.
The Irish housebuilder reported a 10% rise in pre-tax profit and record revenue of €926m (£799.9m) in its results for 2025.
The housebuilder is expecting pre-tax profit of £450m for this year, compared with £530m for the year ending April 2025.
The investigation relates to two individuals in the housebuilder's South Division, where cost overruns on nine sites have hit profits.
The west London council plans to bring forward 14,000 homes and workspace for the creative, digital and technology industries.
The revolving credit facility takes its total available bank facilities to £180m and will help fund expansion plans including entering the East Midlands market.
Dean Finch said that “sales in the opening weeks of the year have been strong and the BTR market is recovering from the slowdown around November’s Budget".
The report for the Land, Planning and Development Federation (LPDF) urges government to create a first-time buyers' equity loan scheme to counter the dip in sales.
Profits were hit by a £222.2m rise in cladding safety remediation costs, and an £18m payment to help settle a sector-wide investigation into information sharing by housebuilders.
The developer has also advanced plans for three further buildings at the site in addition to the 123,000 sq ft One Brabazon Gateway.
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