Re Contract

RNS Number : 2146B

Galliford Try PLC

05 January 2015

 



GALLIFORD TRY REACHES AGREEMENT ON £45.2 MILLION ROYAL EDINBURGH HOSPITAL  

Galliford Try plc, the housebuilding and construction group, announces that its Morrison Construction business has achieved financial close on the £45.2 million Hub South East Scotland Ltd contract for NHS Lothian to build and operate the first phase of the redevelopment of the Royal Edinburgh Hospital. 

Morrison will carry out the construction, providing a new state-of-the-art specialist mental health facility on the western edge of the existing campus in Morningside, Edinburgh.  A new national brain injuries unit will be incorporated in an adjacent building to replace the existing Robert Fergusson Unit.  In addition, Galliford Try will invest £2.2 million in the funding for the project and will also provide ongoing hard facilities maintenance and lifecycle management services in a contract worth approximately £18.5 million over the 25 year concession period.  

Galliford Try Executive Chairman, Greg Fitzgerald stated:  "Our relationship with Hub South East Scotland Limited is an important element of our Morrison Construction business in Scotland and we are pleased to be selected for this significant health project for NHS Lothian.  We look forward to successfully delivering this project for our client and wider stakeholders, and in turn provide the local community with an enhanced built environment and improved facilities."

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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