Henry Boot expands Origin JV with £56m industrial and logistics schemes

Henry Boot ( (GB:BOOT) ) has shared an announcement.

Henry Boot’s development arm HBD has injected three new industrial and logistics schemes, with a combined gross development value of £56m and totaling 262,000 sq ft, into Origin, its joint venture with Feldberg Capital. The Spark (Walsall), Aptus (Preston) and Ark (Markham Vale) projects, all located close to key motorway junctions and targeting high ESG standards such as BREEAM ‘Excellent’ and EPC ‘A’ ratings, are due to start construction by the end of January 2026 and complete from the second half of 2026. These additions build on Origin’s initial £100m seed portfolio, whose three assets have now completed on time and on budget and are seeing active leasing, supported by a development loan facility that has been increased from £54m to £85m as new assets are added. The move underscores Henry Boot and Feldberg’s confidence in the structurally undersupplied UK mid-box industrial and logistics sector, strengthens HBD’s committed development programme and fee-generating role as development manager, and signals further expansion of the JV’s UK-wide Grade A logistics footprint.

The most recent analyst rating on (GB:BOOT) stock is a Hold with a £235.00 price target. To see the full list of analyst forecasts on Henry Boot stock, see the GB:BOOT Stock Forecast page.

Spark’s Take on GB:BOOT Stock

According to Spark, TipRanks’ AI Analyst, GB:BOOT is a Neutral.

Henry Boot’s overall stock score is driven by its solid financial foundation and attractive valuation. The company’s strategic corporate events further bolster its growth prospects. However, technical analysis indicates weak momentum, and challenges in revenue and profit growth present potential risks. The absence of earnings call data limits insights into management’s outlook.

To see Spark’s full report on GB:BOOT stock, click here.

More about Henry Boot

Henry Boot is one of the UK’s leading land, property development, home building and construction groups, operating since 1886 and listed on the London Stock Exchange. Through businesses including Hallam Land, HBD, Stonebridge, Henry Boot Construction, Banner Plant and Road Link, the group focuses on urban development, industrial and logistics, and residential markets across the UK, managing a £1.3bn development pipeline and significant land portfolios for both housing and commercial schemes, underpinned by a stated ambition to reach net zero carbon by 2030.

Average Trading Volume: 57,602

Technical Sentiment Signal: Buy

Current Market Cap: £297.2M

For an in-depth examination of BOOT stock, go to TipRanks’ Overview page.