Henry Boot secures urban development in York

RNS Number : 6891S

Boot(Henry) PLC

18 November 2021

 

18 November 2021

HENRY BOOT PLC
('Henry Boot' or 'the Group')

Henry Boot secures significant urban development in York

Henry Boot has secured a £47m urban development scheme, The Cocoa Works, in the city centre of York.

The Group's construction business, Henry Boot Construction, has been selected as the contractor to refurbish York's historical Rowntree Factory into 279 high-quality, characterful apartments, which is being delivered by Latimer, the development arm of Clarion Housing Group.   

The Cocoa Works will comprise seven studios, 111 one-bedroom apartments, 146 two-bedroom apartments and 15 three-bedroom apartments, of which 84 will be available for shared ownership providing a wide range of options for potential buyers. The works, which will also deliver extensive community space, commenced last month, with a target completion date of Q4 2023.

Henry Boot Construction's order book for 2022 is now 100% secured, as the Group continues to grow its opportunity pipeline within its three focused markets: industrial and logistics, residential, and

urban development.

Tony Shaw, Managing Director of Henry Boot Construction, said: "We are thrilled to add this development to our growing portfolio of major urban development schemes. City centres are changing rapidly, and we understand the important role that quality residential has to play in their regeneration."

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Enquiries:

Henry Boot PLC

Tim Roberts, Chief Executive Officer

Darren Littlewood, Group Finance Director

Daniel Boot, Group Communications Manager

Tel: [phone]

www.henryboot.co.uk

Numis Securities Limited

Joint Corporate Broker

Garry Levin/George Fry

Tel: [phone]

Peel Hunt LLP

Joint Corporate Broker

Charles Batten/Harry Nicholas

Tel: [phone]

Hudson Sandler

Financial PR

Nick Lyon/Wendy Baker

Tel: [phone]

About Henry Boot PLC

Henry Boot PLC (BOOT.L) was established over 135 years ago and is one of the UK's leading and long-standing property investment and development, land promotion and construction companies. Based in Sheffield, the Group is comprised of the following three segments:

Land Promotion:
Hallam Land Management Limited

Property Investment and Development:
Henry Boot Developments Limited (HBD) , Stonebridge Homes Limited

Construction:
Henry Boot Construction Limited , Banner Plant Limited , Road Link (A69) Limited

The Group possesses a high-quality strategic land portfolio, a proven reputation in the property development market for creating places with purpose, backed by a substantial investment property portfolio and an expanding, jointly owned, housebuilding business. It has a construction specialism in both the public and private sectors, a plant hire business, and generates strong cash flows from its PFI contract, Road Link (A69) Limited.

www.henryboot.co.uk

 

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