Telford Homes Share News (TEF)

Telford Homes Information

There is currently no data for TEF

Telford Homes Sells Private Rented Sector Development To L&Q

Mon, 15th Feb 2016 08:00

LONDON (Alliance News) - Residential property developer Telford Homes PLC on Monday said it has exchanged contracts on the sale of The Pavilions in north London for GBP66.8 million, marking its first significant development sale in the growing private rented sector.

Telford will sell the private rented sector development to a subsidiary of housing association L&Q. Construction on the development is underway and is expected to be completed by 2018.

"Telford Homes continues to benefit from an imbalance between demand and supply of homes in non-prime London and this transaction marks the start of a new aspect to the group's sales mix achieving de-risked forward sales with exceptional capital returns," said Chief Executive Jon Di-Stefano.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

More News

23 Jun 2016 15:16

DIRECTOR DEALINGS: Telford Homes Executives Sell Shares

9 Jun 2016 15:02

UK Dividends Calendar - Next 7 Days

1 Jun 2016 08:36

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

1 Jun 2016 06:58

Telford Homes Says Excess Demand Boosts Full Year Revenue, Profit

31 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

31 May 2016 08:13

Telford Homes Sells Carmen Street Site In London For GBP63.2 Million

25 May 2016 15:17

UK Earnings, Trading Statements Calendar - Next 7 Days

13 May 2016 08:33

BROKER RATINGS SUMMARY: Macquarie Downgrades RSA To Underperform

13 Apr 2016 06:55

Telford Homes To Outpace Market, Upgrades Long-Term Outlook

23 Mar 2016 15:28

DIRECTOR DEALINGS: Telford Homes Non-Executive Buys Shares

17 Feb 2016 11:54

DIRECTOR DEALINGS: Telford Homes Land Director Buys 20,000 Shares

16 Feb 2016 11:34

DIRECTOR DEALINGS: Two Telford Homes Board Members Buy Shares

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

3 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

Latest Share Chat

Telford Homes Share News (TEF)

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Telford Homes Sells Private Rented Sector Development To L&Q

Login to your account

Quickpicks are a member only feature

Login to your account