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Galliford Try (GFRD)

Sector:

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Market Cap

£109.55m

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Award of contract

RNS Number : 7178A
Galliford Try PLC
06 August 2008
 

 


GALLIFORD TRY AWARDED £85 MILLION OF 

AFFORDABLE HOUSING CONTRACTS


Galliford Try plc, the construction and housebuilding group, has secured four projects worth a total of £84.5 million to regenerate communities and build 671 affordable homes for rent and shared ownership in London and the South East

For the Circle Anglia Housing Association, Galliford Try has been appointed preferred bidder to carry out a £34.5 million development at Innova ParkEnfield comprising 336 apartments and houses for affordable rent and shared ownership. Galliford Try will also build an £11 million development comprising 80 homes in Plaistow, East London for Circle Anglia

In Hornsey, East LondonGalliford Try has secured a £23 million project to build a 136 apartment development for One Housing Group. 

The fourth contract is a £16 million project to build a 119 apartment development for affordable rent and shared ownership in Plumstead, South East London on behalf of ASRA Greater London Housing Association.


Greg Fitzgerald, Chief Executive, commented:

"The award of these projects is testament to the strength of our partnerships with affordable housing providers and to Galliford Try's track record in the affordable housing market. We look forward to working closely with our partners to deliver quality, eco efficient and sustainable homes."




For further enquiries:

Greg Fitzgerald, Chief Executive                          Galliford Try                                   01895 855219
Frank Nelson, Finance Director                           Galliford Try                                   01895 855226
Ben Woodford / Dan de Belder                           Bell Pottinger Financial                   020 7861 3232



This information is provided by RNS
The company news service from the London Stock Exchange
 
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