Telford Homes Cbre

Cbre s offer values the entire issued and to be issued ordinary share capital of telford homes at approximately 267 4 million on a fully diluted basis.

Telford homes cbre. Telford homes which is focused on middle market build to rent properties will operate as part of trammell crow company cbre s wholly owned real estate development subsidiary. The acquisition expands trammell crow company s highly successful us development business into the uk market. Nyse cbre today announced that it intends to acquire all the issued and to be issued shares of telford homes plc aim tef.

Established in 2000 telford homes has grown to become one of london s largest residential developers. The world s largest real estate services firm cbre group is to buy telford homes for 267m as it looks to expand into the uk s growing rental homes market. Today we have over 330 employees dedicated to developing the homes and creating the places that london needs.

The acquisition expands trammell crow company s highly successful us development business into the uk market. Telford is a leading developer of multifamily residential properties in london with a development in process portfolio total project cost of 1 66 billion 1 32 billion. Telford chief executive officer jon.

Telford homes which is focused on middle market build to rent properties will operate as part of trammell crow company cbre s wholly owned real estate development subsidiary. The purchase will allow the us group to move into the fast growing build to rent sector of the london. Real estate firm cbre group inc cbre n said it would buy british property developer telford homes plc telf l for about 267 million pounds 336 million in a bid to expand into.