Re Contract

RNS Number : 3191L

Galliford Try PLC

29 July 2011

 



                   GALLIFORD TRY WINS £23 MILLION DEAL IN DOCKLANDS REGENERATION

Galliford Try, the housebuilding and construction company, has confirmed that its joint venture with Notting Hill Housing Group has been selected as preferred developer for the Gallions Quarter development in Royal Docks, London.

Galliford Try will construct 170 homes in the second phase of the 700-home development, which also includes commercial and retail premises as part of a major regeneration programme of the area commissioned by the London Development Agency.

The contract will be worth £23 million to Galliford Try, with construction on the second phase set to begin in May 2013. Fellow construction companies United House and Durkan will work with Notting Hill on the other two phases.

Galliford Try Chief Executive Greg Fitzgerald said: "We are delighted to have been selected as part of the Notting Hill joint venture by the LDA for what will be a major regeneration of that part of east London.

This contract is further proof of the success of our Partnerships model which has seen us successfully enter framework agreements with a growing number of housing associations in the South East in recent months."

For further enquiries:

Greg Fitzgerald, Chief Executive                          01895 855001

Frank Nelson, Finance Director

Louise Mantio, Group Communications Director

Note to Editors

·      Galliford Try is a national housebuilding and construction company, with a turnover of £1.2bn, delivering industry leading performance in the construction of a sustainable future.

·      The Group's building division specialises in education, health, leisure, commercial, interiors, affordable housing and facilities management. The Group's PPP Investments Division develops and invests in public / private partnership projects. Galliford Try's Infrastructure division encompasses work for the water, highways, rail, remediation, flood alleviation and renewable energy sectors. 

·      The Group's housebuilding business, Linden Homes, develops distinctive homes across the south and east of England.  It completed 1,700 homes in its last financial year, has a landbank of over 10,000 plots and is currently undertaking a significant programme of growth.

 

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