Telford Homes expects earnings to exceed £40m next year and £50m in 2019, boosted by its focus on build-to-rent and a chronic need for new homes in London.
The company recently agreed a deal with Greystar to provide around 900 build-to-rent flats at Nine Elms, London. Over the past year, the housebuilder has secured a build-to-rent pipeline valued at more than £230m and comprising around 500 homes.
The company expects that figure to increase to around 2,000 homes over the next three years.
