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Galliford Try boosts landbank as sales rise

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Galliford Try has boosted its landbank from 7,800 plots to 9,700 plots since last summer as the firm looks to expand in the south in line with the three year strategy set out prior to the rights issue last September.

The buy out of Bank Of Scotland's interest in 742 plots around London, a joint venture deal with Affinity Sutton on 296 plots in the south east and the purchase of Rosemullion Homes in Cornwall have all aided the expansion.

In a statement to the City today, the firm said sales stand at £443 million compared to £400 million this time last year.

Source: Housebuilder

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Date Published: 10 May 2010

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