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CATEGORY: NEWS AND ANNOUNCEMENTS     SECTOR: CONSTRUCTION & MATERIALS

Galliford Try wins two building contracts

By Benjamin Chiou

Thu 13 Sep 2012

GFRD - Galliford Try
chart
Latest Prices
Name Price %
Galliford Try 995.00p +0.96%
Grainger 155.60p +0.45%
 
FTSE 250 14,693 +0.87%
FTSE 350 3,619 +0.57%
FTSE All-Share 3,547 +0.57%
Construction & Materials 3,878 +2.00%
Real Estate Investment & Services 2,498 +0.51%
Galliford Try wins two building contracts LONDON (SHARECAST) - House-building and construction firm Galliford Try has won two building contracts worth a total of 41m million pounds.

Grainger has appointed Galliford to build a mixed-use project at Macaulay Road in Central London for £23m.

The company will build 11 buildings, including a four-storey office development combined with 65 homes.

Meanwhile, NEC Group has named the firm as the preferred bidder for the refurbishment of the National Indoor Arena in Birmingham for £18m.

Galliford will create 7,500 square metres of more space, building extra retail units, a new showcase entrance and bigger pre- and post-show areas.

"We are delighted to have won two such significant contracts in an extremely competitive market. These contract awards show that we can compete in all regions and provide our clients with high quality cost effective solutions for their needs," said Galliford's Chief Executive Greg Fitzgerald.

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