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An announcement from Henry Boot ( (GB:BOOT) ) is now available.
Henry Boot has successfully completed the sale of 365 residential plots to Mulberry Homes and Taylor Wimpey, marking a significant milestone for its land promotion business, Hallam Land. The sales included 75 plots in Oxfordshire and 290 plots in Kent, achieving high internal rates of return. These transactions highlight Henry Boot’s strategic focus on meeting housing demands and enhancing local communities through planning and development, thus reinforcing its strong industry positioning and capability to deliver substantial green infrastructure and community benefits.
More about Henry Boot
Henry Boot is a leading UK company in the land, property development, home building, and construction sectors. Established in 1886 and listed on the London Stock Exchange since 1919, the company is known for its quality and partnership approach across its various divisions, including Hallam Land, HBD, Stonebridge, Henry Boot Construction, Banner Plant, and Road Link. With operations across urban development, industrial logistics, and residential markets, Henry Boot has facilitated significant housing and infrastructure projects, managing one of the largest land portfolios in the UK.
YTD Price Performance: -8.26%
Average Trading Volume: 58,746
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £282M
See more insights into BOOT stock on TipRanks’ Stock Analysis page.