Galliford wins £100m cheap housing deals

 
Kasmira Jefford
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UK house-building and construction group Galliford Try said yesterday it has secured £100m worth of contracts in affordable housing.

The group said that it has finalised a £23m contract on the Gallions Quarter development in East London’s Royal Docks after it was picked as one of the preferred developers for the scheme last year.

Galliford will build 170 homes in as part of the second phase of the 700-home regeneration project, commissioned by the London Development Agency.

The FTSE 250 group also confirmed that the £52m redevelopment of the old St Clement’s hospital site in Mile End was granted approval by London mayor Boris Johnson.

Galliford was selected as preferred bidder last month to build 223 homes on the derelict Tower Hamlets site, which will also make way for London’s first community land trust.

Some 21 homes will be granted to the trust – which manages the land for local residents – while a further 54 will be affordable homes. The remaining 148 homes will be sold via the Linden Homes brand.

Galliford revealed it has also won a £11.8m contract to build a 101-apartment retirement village in Malvern, Worcestershire, while also securing a £12m contract to build 165 homes for Northumberland County Council in Blyth and South Newsham.

“Galliford Try’s strong record in regeneration projects has been instrumental in securing us these significant contracts,” chief executive Greg Fitzgerald said.

“We will continue to work with our partners in government and the housing industry to provide much-needed affordable housing wherever we can.”