Re Contract

RNS Number : 9257I

Galliford Try PLC

31 March 2015

 



GALLIFORD TRY APPOINTED TO £69 MILLION RIVERSIDE QUARTER DEVELOPMENT

Galliford Try plc, the housebuilding and construction group, announces that it has reached agreement with Frasers Property on the next phases of the Riverside Quarter residential development in Wandsworth.

Frasers has appointed Galliford Try to construct the next three phases of the project, worth £69 million in total to the business. Phases 5C and 5D consist of two new blocks, which will include 99 apartments for sale and an additional 50 affordable homes. Phase 6A will create a new 13 storey block providing 51 new apartments for sale and 36 affordable homes together with additional commercial units and extensive landscaping, in a much sought after residential area in South West London.

Galliford Try Executive Chairman Greg Fitzgerald commented: "Long-term relationships with valued clients are a key part of our construction strategy and we are delighted to have been able to reach agreement with Frasers to continue our partnership on such a prestigious residential development in a prime London location."

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 and Galliford Try Partnerships brands - 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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