Re Contract

RNS Number : 8331N

Galliford Try PLC

08 September 2011

 



GALLIFORD TRY SELECTED FOR £80 MILLION LEISURE AND ENTERTAINMENT COMPLEX

Galliford Try plc, the housebuilding and construction group, has been selected as preferred bidder by Genting UK for Resorts World at The NEC, a major new leisure and entertainment development located at the National Exhibition Centre in Birmingham.

The Resorts World at The NEC complex will include a casino, a four star hotel and suites, a spa, conference and banqueting facilities, a retail outlet centre, a multi- screen cinema, food and beverage outlets and car parking. The contract will be valued at £80million and the  scheme is set to start on site during the first quarter of 2012 with completion expected during the first quarter of March 2014.

Galliford Try Chief Executive Greg Fitzgerald said:

"We are delighted to be selected as preferred bidder by Genting UK for what will be one of the most significant leisure and entertainment developments to be built in the UK in recent years.

We have a proven ability to deliver multiple mixed-use developments on a large scale, and this project will provide a tremendous addition to our growing portfolio in the commercial sector."

For further enquiries:

Greg Fitzgerald, Chief Executive                              01895 855001

Frank Nelson, Finance Director

Louise Mantio, Group Communications Director

Note to Editors

Galliford Try has annual revenues of £1.25 billion in housebuilding and construction.

The Group's construction order book is £1.75 billion.  £650 million is in building (covering health and education projects through to commercial buildings and sports facilities), £950 million in infrastructure projects (ranging from water, rail, highways and flood alleviation to renewable energy and land remediation) and £150 million in affordable housing contracting.

Galliford Try was recently awarded the £790 million Forth Road Crossing project in a four party consortium, £200 million of work for United Utilities on the Liverpool waste water treatment works and in joint venture with Home Group, was appointed preferred bidder on the £347 million Gateshead regeneration programme.

The Group's housebuilding business, Linden Homes, develops distinctive homes across the south and east of England.  It completed 2,170 homes in its last financial year, has a landbank of over 10,250 plots and is currently undertaking a significant programme of growth.

 

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