Re Contract

RNS Number : 7785G

Galliford Try PLC

18 May 2011

 



GALLIFORD TRY SECURES £38 MILLION OF HEALTH AND CARE PROJECTS

Galliford Try plc, the housebuilding and construction Group, has secured five projects in the health and care sectors totalling £38 million.

The first contract worth £12.9 million will see Galliford Try undertaking the development of a 54 bed Extra Care community comprising 42 assisted living apartments and 30 independent living units in Surrey for RMH Group. Galliford Try will carry out the extension and alteration of an existing Grade II listed building, along with the demolition of existing buildings and the construction of new buildings. Completion of the project is expected in July 2012.

The second project is as preferred bidder on a £12.4 million project to build Norwood Hall Joint Services Centre in south east London for London Borough of Lambeth in partnership with Building Better Health - under the Lambeth Southwark Lewisham LIFT. The building will be designed to BREEAM's Healthcare Excellent rating.  Following financial close, work will start on site in October 2011 and completion is expected by March 2013.

Galliford Try has also reached financial close on three LIFT projects worth a total of £12.7 million in, Cheshire for Renova Developments. The projects comprise the construction of Warrington town centre health centre and Castlefields primary care resource centre along with the internal fit out of Orford Park primary care resource centre. All three projects will achieve a BREEAM Excellent rating.

Greg Fitzgerald, Chief Executive, commented:

"We are delighted to secure these projects which build on our extensive expertise in building health and care facilities across the UK, for both public and private sector clients."

For further enquiries:

Greg Fitzgerald, Chief Executive             01895 855 001

Frank Nelson, Finance Director  

Louise Mantio, 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 now £1.8 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 £200 million in affordable housing contracting.

Galliford Try was recently awarded the £790 million Forth Road Crossing project in a four party consortium, 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 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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