Re Contract

RNS Number : 1256A

Galliford Try PLC

17 February 2014

 



GALLIFORD TRY ANNOUNCES £41 MILLION RESIDENTIAL BUILDING CONTRACT

Galliford Try plc, the housebuilding and construction group, announces that its Building business has been appointed preferred bidder for a £41 million residential contract to develop the Westfield House site in Earlsfield, South West London by the Opal Land joint venture.

The Opal Land joint venture was formed in 2011 by Galliford Try's housebuilding business Linden Homes and registered provider Thames Valley Housing Association. The Earlsfield project marks the third development currently in progress for the joint venture.

On completion, the residential scheme will produce 193 homes across three different blocks, 45 of which will be affordable. In addition, the project will create a new café and riverside walks and cycle links, with the development situated in close proximity to both King George's Park and the River Wandle.

Galliford Try Chief Executive Greg Fitzgerald said: "We are delighted that our Building business has been appointed for the contract from the Opal joint venture for this significant development in South West London. As a group, we are constantly looking for innovative ways to bring housing schemes to fruition, and for our businesses to work collaboratively. We will continue to look to build on the early success that the Opal joint venture is enjoying."

For further enquiries:

Galliford Try -                 Greg Fitzgerald, Chief Executive              01895 855001

                                    Graham Prothero, Finance Director

Notes to Editors

Galliford Try plc is a leading UK housebuilding and construction group. It is listed on the London Stock Exchange and a member of the FTSE 250. The housebuilding business - through its Linden Homes brand - sells distinctive homes to the public and affordable homes to housing associations and local authority providers across the South and South East of England.  The construction business carries out building and infrastructure work across the UK with clients ranging from major Government departments through to regulated utilities and private sector companies. At the end of the last financial year to 30 June 2013, the Group generated revenues of £1.5 billion.

 

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