Galliford Try Regulatory News (GFRD)

GALLIFORD TRY SIGNS CONTRACTS ON £52M BUILD TO RENT DEVELOPMENT

Galliford Try, one of the UK's leading construction groups, announces that its Investments and Building businesses have signed contracts with a major build to rent operator for a £52m development in Cardiff.

The development will see the creation of 272 one and two-bedroom apartments in a 30-storey tower at Guildford Crescent, close to the centre of Cardiff. In addition, the project will improve the local public realm, as well as providing retail spaces on the ground floor.

Bill Hocking, Chief Executive of Galliford Try, commented: "Build to rent is a key area for growth within our business's Sustainable Growth Strategy. The Guildford Crescent scheme is the first of a number of similar schemes we are taking on in this space and we look forward to creating fantastic new living spaces for the community in Cardiff alongside our partners."

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.