Updated
Henry Boot has announced the acquisition in a statement to the City
The group s property development business, HBD, has acquired City Court, a 26,900 sq. ft. industrial estate located on Poland Street in the city s Ancoats neighbourhood, from vendors Urban Splash and Pears Group. The property is fully let to eight tenants, including Ticketmaster UK and Sky Telecommunications Services.
In a statement to the City, Henry Boot said: The estate has a low average rent per square foot of under £10 and offers good rental growth and asset management opportunities. In the medium term the Group will also explore the opportunities for a significant urban residential development.
Henry Boot announces changes to its Senior Management Team and Executive Committee Henry Boot announces that Simon Carr of Henry Boot Construction (HBC) and Giles Boot of Banner Plant (BP) will be retiring from their roles as Managing Director (MD) on the 30 June 2021, following long and successful careers with the Group. In their current roles, Simon delivered over a billion pounds of construction activity and increased statutory profit tenfold, with Giles repositioning BP client base and order book from an internal hire supplier to a business generating 94% of its turnover from the open market. Henry Boot thank them for both their hard work and significant contribution to the Group and wish them well in their well-deserved retirement.
Henry Boot has won planning consent for a £114m industrial and logistics scheme in the West Midlands.
The group’s property development business, Henry Boot Developments (HBD), is delivering the Phoenix 10 industrial and logistics scheme on behalf of partners Walsall Council, Homes England and the West Midlands Combined Authority. Situated close to the M6, the 44-acre scheme will provide up to 620,000 square foot of employment space and is expected to create up to 1,000 jobs. Henry Boot claimed it is the largest undeveloped site in the Black Country. The developer will appoint a contractor to the scheme in due course.
The Black Country Local Enterprise Partnership has provided grant funding for the completion of remediation works.
Updated
Friday, 30th April 2021, 7:36 am
Henry Boot has told analysts based in the City of London that it continues to prudently seek out new investments .
The group s property development business, HBD, is delivering Phoenix 10, a £114m GDV industrial and logistics scheme, on behalf of partners Walsall Council, Homes England and the West Midlands Combined Authority. The Black Country LEP has provided grant funding for the completion of remediation works.
In a statement, Henry Boot said: The planning approval at the 44-acre scheme will provide up to 620,000 sq. ft. of employment space, driving inward investment and creating around 1,000 new jobs. Visible from the M6 and accessed via Junction 9 and 10, it is one of the region s best located schemes and is expected to attract strong interest from potential occupiers.
TRADING UPDATES: Henry Boot gets planning boost; Beximco sales jump
Fri, 30th Apr 2021 14:15
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:
Henry Boot PLC - Sheffield, England-based construction and property development - Says Phoenix 10 development in West Midlands given approval by planning committee. Given its industrial past, the Walsall scheme requires extensive remediation works ahead of construction commencing, with the works planned to begin in Q3 2021, Henry Boot adds. Project will add 1,000 jobs to area.
Beximco Pharmaceuticals Ltd - Bangladesh-based generic pharmaceutical products and active pharmaceutical ingredients maker - Net sales in third quarter ended March 31 rise 11% to BDT7.36 billion, about GBP63.2 million, from BDT6.61 billion. Post-tax profit up 62% to BDT1.47 billion from BDT648.6 million. We are delighted to announce such strong financial results for