I'm guessing Legal and General etc might be shying away from buying a company like TEF, because it would cost them £300 odd million in the case of TEF. Which would be quite a substantial committemnt. If they bought a smaller builder then there would be no guarantee they have the management expertise or scale to deliver what they wanted. Plus also almost any company would be exposed to a whole lot of non build to rent construction which they would then have to take on. A comparable question… Read More
What will it mean for TEF if their feeder HA,s Poplar HARCA and East End Homes go down the merger route .Notting Hill their other partner who are a fairly big noise are slipping down the size charts . Now theres a thought!!!i
If Legal & General and their like are serious players in the future for "Build to Rent" why dont they just acquire a company ,a controlling stake in a company like TEF to provide the product Que sera -
Another of TEF ,s partners ina mega merger . Wonder whether their thought process is envisaging swallowing a private sector company to run with all the market sales Clearly TEF would be an ideal partner .Everybody seems to be gearing up to push for more Housing and changes afoot Very likely that TEF is going to feature very highly Interesting times ahead certainly !
Certainly had an effect and no doubt it has been felt with the current marketing of Bermondsey and Manhattan where TEF are offering to pay the stamp duty as an incentive The launch on City North saw half sold domestically -the private investor probably factored in their offer by the time it completes in late 2019 the rates might be reduced Furthermore the foreign investor of course are still in the pound seats as the currency benefits currently outweigh the stamp duty… Read More
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.