Contract

RNS Number : 0186X

Galliford Try PLC

25 April 2019

 

GALLIFORD TRY PLC

GALLIFORD TRY APPOINTED AS DEVELOPER FOR MERIDIAN WATER

Galliford Try plc, the housebuilding, regeneration and construction group, is pleased to announce that its regeneration specialist Galliford Try Partnerships has been selected by Enfield Council to build the first 725 homes at the £6 billion Meridian Water development in the Lea Valley.

This first phase represents a significant mixed tenure project including a high proportion of affordable homes as well as new public squares, shops and leisure facilities and will be located around the new Meridian Water train station. The first new homes are expected to be available in 2022.

Stephen Teagle, Chief Executive of Galliford Try Partnerships, said: "We are delighted to have been selected to work in close partnership with Enfield Council and the local communities on the delivery of Meridian One as a new, vibrant mixed-use, mixed tenure neighbourhood. We will provide high quality affordable homes, opportunities for local start-up businesses to flourish and great public spaces. It's a great opportunity to demonstrate responsible and accountable regeneration through a responsible, accountable partnership."

For further enquiries please contact:

Galliford Try

Graham Prothero, Chief Executive                   01895 855001

Andrew Duxbury, Finance Director

Kevin Corbett, General Counsel & Company Secretary

Galliford Try plc is a leading UK housebuilding, regeneration and construction group. It is listed on the London Stock Exchange and a member of the FTSE 250. Housebuilding - through our Linden Homes business - develops private and affordable homes in prime locations. Galliford Try Partnerships - our regeneration business - delivers mixed-tenure solutions working with housing association, local authority and private sector partners. Operating as Galliford Try and Morrison Construction, our Construction business carries out building and infrastructure with clients in the public, private and regulated sectors. At the end of the last financial year to 30 June 2018, the Group generated revenue of £3.1bn.

 

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