Last checked at 2 May 2013 07:00
GALLIFORD TRY ANNOUNCES BUILDING PROJECTS IN MANCHESTER TOTALLING £36.5 MILLION
Galliford Try plc, the housebuilding and construction group, announces that its Building business has secured three contracts in the Greater Manchester area worth £36.5 million in aggregate.
Firstly, RED Property Services has appointed Galliford Try to construct the £13.3 million Old Trafford Supporters Club hotel, opposite the Manchester United football ground. The new four-star 139-bed hotel will feature supporters' club facilities and bar, alongside additional retail units.
Secondly, Galliford Try has concluded an agreement with The Carlyle Group and its joint venture partners Nikal and Abstract Securities to build the second stage of the Soapworks project. The £12.5 million contract covers the entire second phase of the project and will create 210,000 sq. ft. of Category A office space in the old Colgate-Palmolive factory that adjoins the Media City complex in Salford Quays.
Finally, Muse Developments has contracted Galliford Try to deliver the sixth phase of the Smithfield residential project in Salford. The £10.75 million phase of the development will see the creation of 77 one, two and three-bedroom apartments for private sale, and associated retail units.
Galliford Try Chief Executive Greg Fitzgerald said: "These new contracts build on our track record and in particular our recent successes in Greater Manchester, demonstrating the strength of our regional construction business in all sectors. We are delighted to be working on these significant developments for the region, and look forward to continuing to play our part in enhancing the built environment in the North West."
For further enquiries:
Galliford Try - Greg Fitzgerald, 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 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.