Telford Homes gets EU clearance for CBRE takeover
23rd Sep 2019 08:17
(Sharecast News) - Telford Homes has received clearance from the European Commission for its takeover by US real estate firm CBRE.
Read moreThursday broker round-up
30th May 2019 13:13
(Sharecast News) - Sophos: Numis downgrades to hold with a target price of 320p.
Read moreTelford Homes profit drops as it focuses on build to rent developments
29th May 2019 07:53
(Sharecast News) - Residential property developer Telford Homes posted a drop in full-year pre-tax profit on Wednesday as it increased its focus on lower margin build to rent developments.
Read moreTelford cuts £10m off full-year profit guidance
28th Feb 2019 11:19
(Sharecast News) - Residential property developer Telford Homes slashed its full-year profit guidance by a minimum of £10m on Thursday, sending its shares south.
Read moreTelford Homes to buy Stratford site for £20m
11th Feb 2019 11:04
(Sharecast News) - London-focused residential property developer Telford Homes has exchanged contracts for the conditional purchase of a site on International Way in Stratford, London, for £20m in cash subject to planning consent.
Read moreHousebuilders look attractive to Canaccord, but depends on macro
14th Dec 2018 13:01
(Sharecast News) - There are some "extremely attractive" valuations among housebuilders but this is balanced by macroeconomic risk that are "exceptionally high", said broker Canaccord Genuity on Friday.
Read moreWednesday broker round-up
28th Nov 2018 12:52
(Sharecast News) - Mark and Spencer Group: RBC Capital Market downgrades to sector performer with a target price of 320p.
Read moreTelford Homes profit and revenue rise as build to rent pays off
28th Nov 2018 09:19
(Sharecast News) - London-focused residential property developer Telford Homes posted a rise in first-half profit and revenue on Wednesday, underpinned by its shift towards the build to rent market.
Read moreWednesday broker round-up
10th Oct 2018 12:47
(Sharecast News) - RWS Holdings: Numis downgrades to add with a target price of 510p.
Read moreTelford warns of negative impact to profits as a result of Brexit
10th Oct 2018 09:03
(Sharecast News) - Telford Homes warned investors that negative Brexit sentiment was still affecting the housing market, with potential buyers choosing to "wait and see" how the UK's exit from the EU next March goes before making any big investments.
Read moreTelford Homes buys east London property for £30m
1st Feb 2017 08:32
(ShareCast News) - Property developer Telford Homes has bought the former London Electricity Board building in east London for £30.2m in order to build affordable new homes. The AIM-listed company said on Wednesday that it has exchanged contracts to buy the development site on Cambridge Heath Road,
Read moreTelford Homes sells third build-to-rent development
21st Dec 2016 08:15
(ShareCast News) - AIM-listed residential property developer Telford Homes has exchanged contracts for the sale of its third build-to-rent development, The Forge, to M&G Real Estate for £48.6m. The sale of the property on Redclyffe Road in East London is on a forward-funded basis and will comprise a
Read moreTelford Homes climbs as Canaccord Genuity bumps it to 'buy'
2nd Dec 2016 08:49
(ShareCast News) - Canaccord Genuity upgraded Telford Homes to 'buy' from 'hold' and raised its price target to 360p from 330p. "We are encouraged by recent trading trends and the flexibility over the balance sheet management offered by the increasing use of Build to Rent deals," Canaccord said. No
Read moreTelford Homes reports drop in profit but confident about full year
30th Nov 2016 10:38
(ShareCast News) - Residential property developer Telford Homes reported a drop in interim pre-tax profit but said it remains confident of meeting current market expectations for reported profit in the year to the end of March 2017. In the six months to the end of September, pre-tax profit slumped t
Read moreLack of land availability drags on smaller housebuilders
20th Sep 2016 09:09
(ShareCast News) - The biggest barrier for two-thirds of small and medium sized building firms was the lack of available land, according to a new industry survey, which has resulted in a skewing of the market towards larger operators in recent decades. For the second year in a row, small and medium-
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