8 March 2024
HENRY
BOOT PLC
('Henry
Boot' or 'the Group')
HENRY
BOOT WINS CONSENT FOR MAJOR MANCHESTER OFFICE
DEVELOPMENT
Henry Boot PLC, a Company engaged in
land promotion, property investment and development, and
construction, announces that its development arm HBD has won
planning consent for a 200,000 sq ft Manchester city centre office
scheme.
Colloco, in the St John's District of
Manchester city centre, will comprise 16 storeys of high-quality
flexible offices designed with sustainability at its heart, with
EPC A and BREEAM Excellent ratings being targeted.
In a 23 January Trading Update, Henry
Boot said that for the year ended 31 December 2023 HBD had
performed above expectations, with continued growth of its
completed schemes to a Gross Development Value of £126 million (HBD
Share £111m), of which 100% had been pre-let or
pre-sold.
The St John's and nearby
Spinningfields areas of Manchester are hubs for the city's media,
technology and creative sectors and in 2023 also saw the opening of
the new Aviva Studios which is now the centrepiece of the city's
arts scene.
Tim
Roberts, Chief Executive Officer commented:
"We are seeing encouraging demand for best-in-class and
sustainable offices in England's core cities from potential
customers who see collaboration and the health and wellbeing of
their employees as fundamental to their future
success.
"Winning planning consent for Colloco takes us another step
towards satisfying that strong demand."
Planning consent for Colloco was
secured in the week after HBD and Greater Manchester Pension Fund
topped out Island, a 100,000 sq ft net zero carbon, smart-enabled
Grade A office scheme in John Dalton Street - also in Manchester
city centre.
-ends-
Enquiries:
Henry Boot PLC
Daniel Boot, Senior Corporate
Communications Manager
Tel: 07825 088807
www.henryboot.co.uk
FTI
Consulting
Financial PR
Giles Barrie/Richard
Sunderland
Tel: 07798 926814
henryboot@fticonsulting.com
About Henry Boot PLC
Henry Boot PLC (BOOT.L) was
established over 135 years ago and is one of the UK's leading
and long-standing property investment and development, land
promotion and construction companies. Based in Sheffield, the Group
is comprised of the following three segments:
Land Promotion:
Hallam Land Management
Limited
Property Investment and
Development:
Henry Boot Developments Limited
(HBD), Stonebridge Homes
Limited
Construction:
Henry Boot Construction
Limited,
Banner Plant Limited, Road Link (A69) Limited
The Group possesses a high-quality
strategic land portfolio, a proven reputation in the property
development market for creating places with purpose, backed by a
substantial investment property portfolio and an expanding, jointly
owned, housebuilding business. It has a construction specialism in
both the public and private sectors, a plant hire business, and
generates strong cash flows from its PFI contract, Road Link (A69)
Limited.
www.henryboot.co.uk