Re Contract

RNS Number : 6437O

Galliford Try PLC

15 October 2012

 



GALLIFORD TRY AGREES CONTRACT FOR £89 MILLION LEISURE COMPLEX

Galliford Try plc, the housebuilding and construction group, announces that it has reached financial close with Genting UK to build a major new leisure and retail development at the National Exhibition Centre in Birmingham.

The Resorts World project, valued at £89 million, includes a new casino, a 176-bed four/five-star hotel and spa, conference facilities, a factory outlet centre, a cinema complex, food and beverage retail space and parking for 480 cars. The scheme is set to start on site in October 2012 with completion expected in January 2015.

Galliford Try Chief Executive Greg Fitzgerald said: "This contract represents a significant success for our business in a difficult market for construction. We are delighted we have completed a successful negotiation with Genting UK and now look forward to starting on site on what will be one of the most prestigious projects in the Midlands of recent times."

For further enquiries:

Greg Fitzgerald, Chief Executive                                         01895 855001

Louise Mantio, Group Communications Director

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

 

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