Morgan Sindall Group PLC Awarded £103 million Affordable Housing Contract (6220T)
December 09 2011 - 2:00AM
UK Regulatory
TIDMMGNS
RNS Number : 6220T
Morgan Sindall Group PLC
09 December 2011
9 December 2011
Morgan Sindall Group awarded GBP103 million housing
refurbishment contract
Morgan Sindall Group plc, the construction and regeneration
group, today announces that its affordable housing division,
Lovell, has signed an agreement with Barnet Homes, worth
approximately GBP103 million over 10 years.
The contract will involve Lovell delivering planned
refurbishment and electrical work across a portfolio of 15,000
homes.Barnet Homes manages and maintains homes and estates on
behalf of Barnet Council.
Work is due to commence in April 2012.
Paul Smith, Chief Executive of Morgan Sindall Group plc,
said:
"This is another important win for Lovell which builds on the
response maintenance work we acquired as part of the acquisition
from the administrators of Connaught. Today's announcement
underlines our leading position in affordable housing. Lovell's
full service offering will mean we can deliver the highest quality
upgrade and response maintenance work to the Barnet Council housing
stock."
Ends
Notes to Editors:
Morgan Sindall Group
Morgan Sindall Group plc is a leading UK construction and
regeneration group with revenue of over GBP2 billion and which
operates through five divisions of construction and infrastructure,
affordable housing, fit out, urban regeneration and
investments.
Lovell
Lovell is a leading provider of affordable housing. The company
has expertise in new-build, regeneration and refurbishment while
its responsive and planned maintenance business Lovell Respond
provides comprehensive maintenance and estates management services.
With offices in England, Scotland and Wales, Lovell offers a unique
one-stop shop of services with the ability to build homes, offer a
full menu of tenure options and maintenance for life. Lovell is
part of Morgan Sindall Group plc, a leading UK construction and
regeneration group with revenue of over GBP2 billion and which
operates through five divisions of construction and infrastructure,
affordable housing, fit out, urban regeneration and
investments.
ENQUIRIES:
Morgan Sindall Group plc Tel: 020 7307 9200
Paul Smith, Chief Executive
David Mulligan, Finance Director
Blythe Weigh Communications Tel: 020 7138 3204
Tim Blythe Mobile: 07816 924626
Matthew Neal Mobile: 07917 800011
This information is provided by RNS
The company news service from the London Stock Exchange
END
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