Telford Homes expects to report record revenue and profits in the latest financial year, with pretax profit set to be slightly ahead of expectations.
Its build-to-rent pipeline now comprises 483 homes valued at £232m. Chief executive Jon DiStefano said the company did not see any reason why such homes would not be half of what it is building, adding it could be more than 2,000 in the future.
The company’s overall development pipeline is worth more than £1.3bn.
