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Britain's Crest Nicholson sees H1 rise in demand for homes despite EU referendum

Reuters - UK Focus

LONDON, June 14 (Reuters) - British housebuilder Crest (BSE: CREST.BO - news) Nicholson on Tuesday reported a seven percent rise in housing completions in the first half of its financial year, saying demand for new homes rose despite Britain's pending EU referendum.

The builder said it completed 1,206 housing units in the six months to April 30.

"Whilst the debate about the forthcoming referendum on UK membership of the European Union continues to dominate the headlines... purchaser demand for new homes remains strong," CEO Stephen Stone said, referring to the June 23 referendum.

In 2015, Crest Nicholson (Other OTC: CRNHY - news) completed 2,725 properties in south Wales, London and southern and eastern England.

(Reporting by Costas Pitas; editing by Jason Neely)