Workspace sells first phase of Poplar Business Park redevelopment
30th Sep 2014 07:07
London property group Workspace has sold the first phase of its redeveloped Poplar Business Park site to AIM-listed Telford Homes. FTSE 250-listed Workspace will receive £16.3m in cash around February next year, minus around £0.2m of rental income, together with overage of 35% on private residential
Read moreMayor Boris Johnson drives new laws to release London land for housing
15th Jul 2014 14:38
UK housebuilders are optimistic that the Mayor of London, Boris Johnson, can push legislation through parliament that will accelerate the release of public land in the capital to build new homes. Currently in the rest of England outside London, the Homes & Communities Agency, the national housing a
Read moreTelford more than doubles pre-tax profit
28th May 2014 08:30
- More than doubles pre-tax profit as London market flourishes - Strong forward sales, hikes dividend - Expects profit to double again by 2018 Property development group Telford Homes said it more than doubled full-year profit as the London market continues to boom and expects profit to double agai
Read moreSunday share tips: Associated British Foods, Telford Homes, Gulf Keystone
20th Apr 2014 20:05
Research from Redburn Partners shows that markets have new-found faith in Primark, the retail arm of Associated British Foods. Yet investors may have cause to be wary. The company's stock price has risen by 50 per cent over the last twelve months, in reaction to plans to expand its budget fashion ch
Read moreTelford homes to report significant growth in profits
16th Apr 2014 13:20
Property development group Telford Homes has announced it expects to report significant growth as pre-tax profits are anticipated to "more than double" for the year ended March 31st. The London-focused company expects annual profit before tax to increase over the next four financial years so that i
Read moreTesco Chairman keeps the faith after recent poor update
17th Jan 2014 16:54
Tesco Non-Executive Chairman Sir Richard Broadbent added 10,000 shares to his stake, the supermarket chain announced Friday. Broadbent, who joined the board in July 2011, bought the shares at 331.22p a piece for a total spend of £33,122. The purchase was made less than a week after the company p
Read moreEntertainment One exec sells 1.8m pounds of shares
9th Dec 2013 16:18
Patrice Theroux, President of the Film division of Entertainment One has sold nearly 1.8m pounds-worth of shares in the company via two separate transactions, it announced on Monday. Theroux disposed of 665,462 at a price of 240.1p on December 5th and offloaded a further 75,000 at 240p the followin
Read moreTelford Homes ramps up divi as London boom continues
27th Nov 2013 07:58
- Lifts first-half profit, dividend - Strong demand for property in London - Very confident for prospects over next few years Residential property developer Telford Homes reported improved half-year profit, almost doubled its dividend payment and expects a substantial increase in profit for the yea
Read moreDemand remains strong at Telford Homes
11th Jul 2013 08:10
London focused residential property developer Telford Homes said trading continues to progress well and that demand remains strong in its target market. Since the start of April the group has sold over 240 open market properties compared to the 803 sold in the full financial year to March 31st 201
Read moreTelford Homes trebles profit as demand soars
29th May 2013 07:28
London-focused residential property developer Telford Homes said pre-tax profit increased three-fold and it expects another substantial increase in profit in the financial year ahead. Pre-tax profit rose to £9.0m for the year ended March 31 2013 from £3.0m the same period a year earlier. Revenue c
Read moreTelford Homes to beat full year forecasts
18th Apr 2013 07:59
Shares of London focused property developer Telford Homes rallied after it said full year pre-tax profit is expected to be ahead of markets forecasts as strong demand continues. Telford Homes said it has experienced exceptional levels of demand in recent months and is encouraged by its development
Read moreAdmiral Group Chairman trades in 100,000 shares
7th Mar 2013 15:42
Alastair Lyons, the long-standing Chairman of Admiral Group, the non-life insurance giant, reduced his stake by 100,000 shares in the wake of a strong set of full year results. In a sale made on behalf of his wife, Lyons disposed of the shares at 1,314p each, shrinking his holding to 392,152 share
Read moreTelford Homes quadruples profit
28th Nov 2012 07:37
East London homebuilder Telford Homes said half year profit quadrupled after strong demand for inner London locations and it expects profit to grow significantly in 2013. Pre-tax profit surged to £6.5m in the six months ended September 30th 2012 from £1.5m in the equivalent period a year earlier. R
Read moreTelford Homes sees surge in sales
22nd Oct 2012 07:52
London focused residential property developer Telford Homes saw a significant rise in first half profit while sales momentum continued as demand for its London property remains strong. In an update ahead of its interim results next month, the east London house builder said it is now 85 per cent sol
Read moreTT Electronics non-exec doubles stake
30th Aug 2012 16:19
Stephen King, an Independent Non-executive Director of electronic component and sensor technology firm TT Electronics, has doubled his stake in the company with the purchase of 50,000 shares. King, who joined TT in October last year, handed over £74,125 for the shares, which he purchased for 148.2
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