Re Contract

RNS Number : 4348D

Galliford Try PLC

29 January 2015

 



GALLIFORD TRY SECURES EXTRA CARE CONTRACTS WORTH COMBINED £72 MILLION

Galliford Try plc, the housebuilding and construction group, through its Partnerships business announces that it has been successfully appointed to four new major contracts in the extra care and affordable housing sectors, worth a combined £72 million.

Firstly, Partnerships has signed contracts with the ExtraCare Charitable Trust (ECCT) for its new £36 million retirement village set in five acres of land on the former MG Rover plant in Longbridge, south west of Birmingham.

The new development will create 260 apartments (105 one-bed and 155 two-bed apartments) for the over 55s and feature a village centre that includes a village hall, bar, restaurant, gym, IT suite, hair and beauty salon and shop. The project marks the sixth development of this kind that Galliford Try has constructed for the ECCT.

Secondly, financial close has been reached on the £18 million scheme to build the new 135-bed 'Village 135' extra care facility for Wythenshawe Community Housing Group.

The project consists of two sites connected by a glass-enclosed pedestrian walkway and will provide a range of facilities for residents including a salon, cafeteria and main kitchen, a winter garden and roof terrace with planting area. The scheme will provide a mix of 66 apartments for affordable rent, 39 apartments for shared ownership and 30 apartments for outright sale.

Finally, One Housing Group has appointed Galliford Try to two new contracts that will deliver the Protheroe House (£9.2 million) and Pretoria Road (£9 million) developments in North London.

The Protheroe House scheme will create a 50-bed extra care facility in Haringey including a large communal garden, roof terrace, hobby room and well-being centre as part of the development. The Pretoria Road project will see the construction of 44 one-bed and eight two-bed properties in Hackney. Eight of the homes are specifically designed to be dementia friendly.

Galliford Try Executive Chairman Greg Fitzgerald said: "Galliford Try's track record in extra care developments is second to none and we are delighted that the ExtraCare Charitable Trust, Wythenshawe Community Housing Group and One Housing Group have placed their trust in us to deliver the high quality facilities their customers deserve."

For further enquiries:

Galliford Try -                 Greg Fitzgerald, Executive Chairman                   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.  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 2014, the Group generated revenues of £1.8 billion.

 

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