31 Dec 2015 11:56
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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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3 Dec 2015 16:59
2 Dec 2015 09:01
Telford Homes interim profit surges on London demand
(ShareCast News) - London-focused property developer Telford Homes said its interim pre-tax profit doubled on the back of strong demand in the London property market. In the six months to the end of September, the group said its pre-tax profit more than doubled to £21m, while revenue surged from £65
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25 Nov 2015 16:05
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14 Oct 2015 08:53
Telford Homes expects to double profits
(ShareCast News) - Telford Homes is expected to double its profit for the first half of the financial year as housing demand exceeds supply. In a trading update for the six months to 30 September, the AIM-listed property developer said that profit before tax is expected to more than double compared
Read more21 Sep 2015 09:57
Telford Homes acquires United House Developments' regeneration business
(ShareCast News) - Property developer Telford Homes has completed the acquisition of United House Developments' regeneration division for £23m. The London-focused group said the regeneration business comprises companies with interest in four major projects across north and east London, including the
Read more17 Jul 2015 05:13
16 Jul 2015 15:10
16 Jul 2015 09:43
Telford Homes expects more London demand
(ShareCast News) - Residential developer Telford Homes said it expected strong demand for London housing after it reported forward sales of more than half its development pipeline. The home builder said the total value of all forward sales secured and due for completion in the year to 31 March 2016
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