Galliford Try Holdings PLC Contract (1485Q)

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RNS Number : 1485Q

Galliford Try Holdings PLC

17 June 2020

GALLIFORD TRY SECURES GBP85M OF DEVELOPMENT WORKS AT TOTTENHAM HALE

Galliford Try, one of the UK's leading construction groups, announces that it has been named contractor on two mixed-use residential buildings at Tottenham Hale worth GBP85m for the premier global development company, Argent Related.

The two residential buildings 1 Ashley Road and 2 Ashley Road, in Tottenham Hale, north London will deliver a total of 281 homes. The contracts mark the start of work on site at Argent Related's Tottenham Hale site, a seven-building regeneration scheme that will create 1,030 new homes, as well as retail and mixed-use space.

1 Ashley Road, launched last year as Argent Related's first phase of the development, will provide 183 private sale apartments across two adjoining buildings of 12 and 18 storeys. The development will also include retail units, commercial offices and associated landscaping and infrastructure. 2 Ashley Road will include 98 residential properties, as well as retail units, across two adjoining buildings of 14 and five storeys.

The buildings are expected to achieve a BREEAM rating of "Very Good".

Bill Hocking, Chief Executive of Galliford Try, commented: "We are delighted to have been selected by Argent Related, working together to safely deliver much-needed new homes and commercial developments to stimulate and support the economy during these challenging times."

Galliford Try

   Bill Hocking, Chief Executive                   01895 855001 

Andrew Duxbury, Finance Director

Kevin Corbett, General Counsel & Company Secretary

Notes to Editors

Galliford Try is a trading name of Galliford Try Holdings plc, a leading UK construction group listed on the London Stock Exchange. Operating as Galliford Try and Morrison Construction, the group carries out building and infrastructure projects with clients in the public, private and regulated sectors across the UK.

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June 17, 2020 02:00 ET (06:00 GMT)