RCS - Boot(Henry) PLC - Henry Boot secures urban development in York

Henry BootAnnouncement

18/11/2021 07:05

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RNS Number : 6891S  Boot(Henry) PLC  18 November 2021

 

18 November 2021

 

HENRY BOOT PLC
('Henry Boot' or 'the Group')

Henry Boot secures significant urban development in York

 

Henry Boot has secured a £47m urban development scheme, The Cocoa Works, in
the city centre of York.

 

The Group's construction business, Henry Boot Construction, has been selected
as the contractor to refurbish York's historical Rowntree Factory into 279
high-quality, characterful apartments, which is being delivered by Latimer,
the development arm of Clarion Housing Group.

 

The Cocoa Works will comprise seven studios, 111 one-bedroom apartments, 146
two-bedroom apartments and 15 three-bedroom apartments, of which 84 will be
available for shared ownership providing a wide range of options for potential
buyers. The works, which will also deliver extensive community space,
commenced last month, with a target completion date of Q4 2023.

 

Henry Boot Construction's order book for 2022 is now 100% secured, as the
Group continues to grow its opportunity pipeline within its three focused
markets: industrial and logistics, residential, and

urban development.

 

Tony Shaw, Managing Director of Henry Boot Construction, said: "We are
thrilled to add this development to our growing portfolio of major urban
development schemes. City centres are changing rapidly, and we understand the
important role that quality residential has to play in their regeneration."

 

ends-

 

Enquiries:

 

Henry Boot PLC

Tim Roberts, Chief Executive Officer

Darren Littlewood, Group Finance Director

Daniel Boot, Group Communications Manager

Tel: 0114 255 5444

www.henryboot.co.uk

 

Numis Securities Limited

Joint Corporate Broker

Garry Levin/George Fry

Tel: 020 7260 1000

 

Peel Hunt LLP

Joint Corporate Broker

Charles Batten/Harry Nicholas

Tel: 020 7418 8900

 

Hudson Sandler

Financial PR

Nick Lyon/Wendy Baker

Tel: 020 7796 4133

 

About Henry Boot PLC

 

Henry Boot PLC (BOOT.L) was established over 135 years ago and is one of the
UK's leading and long-standing property investment and development, land
promotion and construction companies. Based in Sheffield, the Group is
comprised of the following three segments:

 

Land Promotion:
Hallam Land Management Limited
(http://www.henryboot.co.uk/our-businesses/hallam-land-management/)

 

Property Investment and Development:
Henry Boot Developments Limited (HBD)
(http://www.henryboot.co.uk/our-businesses/hbd/) , Stonebridge Homes Limited
(http://www.henryboot.co.uk/our-businesses/stonebridge-homes/)

 

Construction:
Henry Boot Construction Limited
(http://www.henryboot.co.uk/our-businesses/henry-boot-construction/) , Banner
Plant Limited (http://www.henryboot.co.uk/our-businesses/banner-plant/) , Road
Link (A69) Limited (http://www.henryboot.co.uk/our-businesses/road-link-a69/)

 

The Group possesses a high-quality strategic land portfolio, a proven
reputation in the property development market for creating places with
purpose, backed by a substantial investment property portfolio and an
expanding, jointly owned, housebuilding business. It has a construction
specialism in both the public and private sectors, a plant hire business, and
generates strong cash flows from its PFI contract, Road Link (A69) Limited.

 

www.henryboot.co.uk (http://www.henryboot.co.uk)

 

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