Re Contract

RNS Number : 2109G

Galliford Try PLC

19 November 2015

 



GALLIFORD TRY ANNOUNCES AFFORDABLE HOUSING CONTRACT SUCCESSES

Galliford Try plc, the housebuilding and construction group, announces that its Partnerships business has been appointed to two new significant affordable housing contracts and two new major housing frameworks.

Firstly, continuing a successful relationship with the ExtraCare Charitable Trust (ECCT), Partnerships has been contracted to build its eighth extra care village at Hughenden Valley in High Wycombe. The £45 million village will contain 260 one and two-bedroom apartments situated around centralised health and leisure facilities and will be surrounded by landscaped gardens.

Secondly, Partnerships has been chosen by Birmingham Municipal Housing Trust (BMHT) to construct a new 116-home development at Jarvis Road in the north of the city. The £16 million scheme will create 58 affordable homes and 58 for open market sale.

Additionally, Partnerships has been appointed to the North Yorkshire County Council's Extra Care Housing Programme Framework.

The new framework has an anticipated value of up to £650 million over a six-year period, with a potential four-year extension, and features six named contractors in total. It is designed to cover a range of opportunities involving extra care facilities in North Yorkshire, including site identification and acquisition, design and build of facilities, potential finance initiatives and operational service delivery.

Finally, Partnerships is among the contractors selected for the Hyde Housing Group Main Contractor Framework Agreement. The overall framework is anticipated to be worth up to £1 billion, with Partnerships selected for five out of the eight lots available.

Peter Truscott, Chief Executive of Galliford Try, commented: "Our Partnerships business is rapidly turning into a real success story and these latest contracts demonstrate the trust that clients have in Partnerships to deliver the homes they need across a range of different housing types and tenures."

Galliford Try -              Peter Truscott, 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.  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 2015, the Group generated revenues of £2.3 billion. 

 

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