Telford Homes Share News (TEF)
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TEFTue, 23rd Jul 2019 16:24
(Alliance News) - Telford Homes PLC on Tuesday said Octopus Investments Nominees Ltd reduced its holding in the real estate developer, while Sand Grove Capital Management LLP built its stake in the firm.
In a transaction on Monday, Octopus disposed of its entire 10% holding in Telford. Meanwhile, also on Monday, Sand Grove obtained an 11% interest.
Telford shares were trading 0.3% lower late Tuesday in London at 351.00 pence each.
London residential property developer Telford Homes is confident of beating full year forecasts and expects to sustain continued growth due to strong demand and inner-city regeneration, chief executive Jon Di Stefano told Digital Look. "Demand for non-prime inner London locations looks solid for the
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