Construction News

Sat October 19 2019

Related Information

Brussels clears Telford Homes takeover

23 Sep The takeover of Telford Homes by US real estate giant CBRE is on course to complete within the next couple of weeks after being cleared by the European Commission.

Telford Homes' New Garden Quarter in Stratford, east London
Telford Homes' New Garden Quarter in Stratford, east London

Dealings in Telford Homes shares on the Alternative Investment Market (AIM) will be suspended on 1st October 2019.

CBRE announced in July that it had agreed a £267m takeover with the Telford Homes board. Telford Homes will become part of CBRE’s Trammell Crow Company real estate development business, giving it a UK presence.  

[See our previous report here.]

Got a story? Email news@theconstructionindex.co.uk

MPU

Latest News

Click here to view more construction news »