Telereal Trillium: Difference between revisions
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Revision as of 18:53, 19 November 2010
| Company type | Private company |
|---|---|
| Industry | Property |
| Founded | 1997 |
| Headquarters | London, United Kingdom |
| Products | Property Development, Property Investment |
| Revenue | £ |
| £ | |
| £ | |
Number of employees | 1,000 (2010) |
| Website | telerealtrillium.com |
Telereal Trillium Ltd is a commercial property development and investment company, headquartered in central London. It is wholly owned by family of William Pears, via either company or trust-based holdings.
History
Trillium was formed in 1997 to acquire the 1,500,000 square metres (16,000,000 sq ft) property portfolio of the Department of Works and Pensions, which it did in 1998. Acquired by Land Securities in 2000, the company was renamed Land Securities Trillium.
In 2000, the 50/50 joint-venture company Telereal was established with William Pears Ltd, to acquire the property portfolio of British Telecom. Trillium itself bought the property portfolio of the BBC in the same year. In 2002, Telereal began managing the property portfolios of O2 and Airwave. In 2004 Trillum signed property management agreements with Norwich Union and Barclays Bank. After William Pears bought Trillium out of the JV company Telereal in 2005, Trillium completed the purchase of the property portfolio of the DVLA under a 20 year deal.
In 2008, Trillium signed deals to manage the property portfolio's of the Royal Mail and Birmingham City Council. It then bought the project management division of AMEC, and then bought the office and branch properties of the Royal Bank of Scotland in partnership with the Prudential Investment Management.
Present
In 2009, after selling Aviva's Norwich headquarters for £134m, Land Securities sold Trillium to Telereal, to form Telereal Trillium.
References
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