Re Contract

RNS Number : 7286N

Galliford Try PLC

12 September 2013

 



GALLIFORD TRY'S PARTNERSHIPS BUSINESS APPOINTED TO TWO HOUSING CONTRACTS IN EAST LONDON TOTALLING £60 MILLION

Galliford Try plc, the housebuilding and construction group, announces that it has secured two housing contracts in East London worth a combined £60 million. Both involve delivering housing schemes for registered provider Peabody.

The first scheme will involve providing the £35.4 million first phase of a four-phase development at Devon's Road in Bow which will initially create 259 mixed-tenure homes. The works also include 1585sqm of commercial space, associated external works and landscaping.

The second project involves the redevelopment of the former Plaistow Hospital site in Newham to celebrate Peabody's 150^th year. The £24.9 million project will enable the realisation of the winning design in an international competition which Peabody ran to celebrate its milestone anniversary. The scheme will consist of 168 mixed tenure homes, and extends to the restoration of historic hospital buildings and creation of new-build homes at the site. The scheme is expected to achieve Code for Sustainable Homes Level 4.

Galliford Try Chief Executive Greg Fitzgerald commented: "We are delighted to have once again demonstrated the strength of our offering in London as an affordable housing contractor. We look forward to working with Peabody to realise their vision for these two major schemes in East London."

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 financial year to 30 June 2012, the Group generated revenues of £1.5 billion.

 

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