Always a danger of confirmation bias in analysing TEF .The company has made all the right moves since it hit 495 p 16 months ago . I am probably like others in danger of doing it again.,,no matter how strong the management team or the excellent financial shape .I will be watching very closely the take up of these apartments at Vibe and Horizons which are arriving en masse in the market . Certainly this live market evidence will be under the microscope by both Asian and domestic… Read More
PDR .s which were brought in this year allowing conversion from commercial to residential .except in certain circumstances.Most of the areas that TEF farm are outside the Central Actvities Zone which is exempt . This also applies to new build on former office buildings not just conversions and as far as I can make it means that the Boroughs cant impose affordable housing conditions
The Gallions Reach DLR crossing should be a real boon to the Inherited " United" site where they are linked with Notting Hill for 2 phases.As time moves on the United deal looks more impressive especially as it meant that over the last 12 months TEFy didnt have to flash the cash to purchase sites in a changing market place.Apart of course from the cracking deal where they virtually back to backed it at Carmen Street
Lets hope that tenants are found pronto for the newly… Read More
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