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Brussels clears Telford Homes takeover

23 Sep 19 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.]

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