Galliford Try wins student housing projects worth £102m

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Sharecast News | 18 May, 2016

Updated : 09:12

Housebuilding and construction group Galliford Try announced a new contract for its building division on Wednesday, confirming it has been selected as the preferred builder for two new major projects in the student accommodation sector.

The FTSE 250 firm said it has been chosen firstly by Newcastle University to construct the new £62m Park View Student Village.

Galliford Try said the scheme replaces the existing 1970s buildings in Richardson Road, Newcastle, and will feature a total of 1,279 study bedrooms across six buildings ranging from four to 10 levels.

The project will also create associated infrastructure, including a new energy centre for the village.

Galliford’s board said the second contract involved developer Regents Godiva selecting it to build a new £40m scheme for Coventry University.

The 24,500 square metre scheme at Godiva Place in Coventry will create a 770 bedroom facility, together with ancillary support facilities and car and cycle parking for students on the city centre site.

“We are delighted to have been chosen by Newcastle University and Regents Godiva to deliver such significant schemes,” said Galliford Try chief executive Peter Truscott.

“Higher education is a key sector for us and our success here in being selected for these contracts is a reflection of the capability we have demonstrated in producing high-quality accommodation and housing for a range of clients across the country."

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