Construction News

08/11/2023

Galliford Try Secures £87m Contract

Construction firm Galliford Try has secured an £87 million contract to deliver a further phase of the new build-to-rent (BTR) development at Brent Cross Town, north London.

The building business was appointed by Related Argent and Invesco Real Estate, acting on behalf of a US separate account client.

Having previously been awarded a contract to build 249 new homes earlier this year, Galliford Try has now been appointed to build a further 286 apartments across three blocks. In addition, further retail and amenity space will also be created, including leisure suite with swimming pool for the major residential development, which is being delivered in partnership by Barnet Council and Related Argent.

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Bill Hocking, Chief Executive of Galliford Try, said: "We are delighted to be working once again with Related Argent on one of the most significant Build to Rent schemes in London. Our business has a strong track record in producing high-quality residential developments with the sector remaining a key focus for our Building business within our Sustainable Growth Strategy."

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