LONDON: Henry Boot PLC, a company engaged in land promotion, property investment and development, and construction has entered into a joint venture (JV) to pursue a strategic land opportunity in the Midlands as it continues to grow its long-term land pipeline for new residential and commercial development.
Hallam Land Management Limited, a subsidiary of Henry Boot, has entered into a 50/50 joint venture with Harworth Estates Investments Limited, part of Harworth Group plc, with a view to promoting and developing a mixed-use strategic land opportunity in the Midlands.
John Sutcliffe, Chief Executive Officer of Henry Boot, said: “This deal represents the continued expansion of our strategic land bank, leveraging the value brought by our regional operating model. We look forward to working with the Harworth team on this new opportunity.”
Edited by Nayyar Iqbal