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Don't have an account? Click here to register.Telford Homes joint-venture to bring in £180m
Thu, 06th Nov 2014 09:12
Property developer Telford Homes has announced it will team up with London housing association Notting Hill Housing to purchase a £44m site in Stratford from London and Continental Railways.The transaction will complete in 2015 and outline planning consent has already been granted.According to Telford Homes "a detailed application" to build 400 new homes on the 5.5 acre site will now be pursued.Anticipated revenue for the new site is thought to be in excess of £180m and the group's 50% share should add at least another £90m to the pipeline.Notting Hill Housing chief executive Kate Davies added: "This part of East London has already improved immensely over the last few years and is set to become an international destination for living, working, shopping and entertainment. We are thrilled to be playing a part in the regeneration."Chief executive at Telford Homes Jon Di-Stefano also said: "Reaching our £1bn development pipeline milestone [announced on 30 September 2014] was a significant achievement and building on this so swiftly demonstrates the group's considerable future growth prospects."
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9 Jun 2016 15:02
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Telford Homes FY profit and revenue surge amid strong demand
(ShareCast News) - Residential property developer Telford Homes posted a 28% jump in pre-tax profit for the year to the end of March as revenue surged amid strong demand. Pre-tax profit rose to £32.2m from £25.1m in 2015, as revenue increased 42% to a record £245.6m. The company said it saw strong
Read more31 May 2016 14:40
Telford Homes sells London property for £63.2m
(ShareCast News) - Residential property developer Telford Homes has exchanged contracts for the sale of 150 homes and commercial buildings that are being built on Carmen Street, London, to M&G Real Estate, for a net £63.2m. Ahead of its preliminary results on Wednesday, the pre-construction deal was
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13 Apr 2016 06:55
23 Mar 2016 15:28
15 Feb 2016 11:40
Telford Homes sells Caledonian Road development for £67m
(ShareCast News) - Telford Homes' large Caledonian Road development in North London - The Pavilions - received a boost on Monday, with the news it had sold all houses in the scheme to a subsidiary of L&Q, one of the UK's biggest housing associations. The AIM-traded residential property developer sai
Read more3 Jan 2016 14:47
Sunday share tips: Persimmon, Vodafone, McBride, Telford Homes
(ShareCast News) - Now might be the right time to sell Persimmon shares, said the Sunday Times' Inside the City column, with a trading update due on Thursday. Investors in the house builder have seen the price triple in the last three years and received £800m in dividends. Persimmon was one of three
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