Trammell Crow Company (TCC), the wholly owned real estate development subsidiary of CBRE Group Inc., and Telford Homes are pleased to celebrate the one-year milestone of the leading development firms’ joining forces. Telford Homes, a leading developer of multifamily residential properties in London, was acquired by TCC and CBRE on October 1, 2019.
Telford Homes, which is focused on middle-market, build-to-rent properties, operates as part of TCC. The acquisition marked the expansion of TCC’s highly successful US development business into the United Kingdom.
“Over the past year, TCC has been very proud to have 300 Telford team members representing our brand in London,” said Matt Khourie, CEO of Trammell Crow Company. “I have been very impressed how we’ve blended our two company cultures into one – what we uncovered is that our cultures, regardless of geography, are even more similar than we expected. Our teams are comprised of creative and hardworking individuals who demonstrate our firms’ values each day they come to work – virtually or in-person. I am looking forward to continuing to grow the business.”
“The Telford Homes team has benefited significantly from being part of Trammell Crow Company, particularly by gaining insight into multifamily design in the established US market, learning about potential investment structures and being introduced to new partners,” said Jon Di-Stefano, CEO of Telford Homes. “I am really grateful to the TCC team for how welcoming they have been and we look forward to the many exciting projects to come.”
About Telford Homes
Established in 2000, Telford Homes has grown to become one of London’s largest residential developers. As a Trammell Crow Company developer, they are dedicated to delivering the homes and creating the places that London needs. Their buildings are bespoke designs consisting of various housing tenures, alongside commercial properties and community buildings.
Being a valued partner to landowners, housing associations, local authorities, build to rent investors and their supply chain is a key part of Telford Homes’ strong brand reputation, as is looking after everyone who works for them.
Telford Homes’ high standards and exceptional customer service have gained the company a number of awards including ‘Homebuilder of the Year’ at the Sunday Times British Homes Awards 2019 and Bow Garden Square has received ‘Best Regeneration’ at the Evening Standard New Homes Awards 2019 and ‘Development of the Year’ at the RESI Awards 2019. The Company’s independent customer satisfaction survey for 2019 highlights that an average of 99% of customers would recommend Telford Homes. www.telfordhomes.london
About Trammell Crow Company
Trammell Crow Company (TCC), founded in 1948, is one of the nation’s leading developers and investors in commercial real estate. The Company has developed or acquired 2,700 buildings valued at nearly $65 billion and over 590 million square feet. As of September 30, 2020, TCC had $14.8 billion of projects in process and $5.9 billion in its pipeline. It employs more than 550 professionals in the United States and the United Kingdom.
Trammell Crow Company’s teams are dedicated to building value for its clients with professionals in 18 major cities throughout the United States and London. The company serves users of and investors in office, industrial, retail, healthcare, multi-family residential, through its operating subsidiary High Street Residential, and mixed-use projects. For those who occupy real estate, TCC can execute the development or acquisition of facilities tailored to meet the needs of its clients. For investor clients, the company specializes in joint venture speculative development, acquisition/re-development ventures, build-to-suit development and providing incentive-based fee development services.
TCC is an independently operated subsidiary of CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, and the world’s largest commercial real estate services and investment firm (in terms of 2019 revenue).
