Galliford Try will deliver a further phase of a major new build-to-rent (BTR) scheme in north London.
Developer Related Argent and property investment manager Invesco Real Estate have appointed the Group’s building business to the Brent Cross Town development, with a new contract valued at £87 million.
Having previously been appointed to build 249 new homes earlier this year, the Group will now build a further 286 apartments across three blocks on behalf of an unnamed US client.
More retail and amenity space will also be built, including a new leisure suite and swimming pool for the residential development.
The scheme is a partnership between Barnet Council and Related Argent.
“We are delighted to be working once again with Related Argent on one of the most significant Build-to-Rent schemes in London,” said Bill Hocking, chief executive of Galliford Try.
“Our business has a strong track record in producing high-quality residential developments with the sector remaining a key focus for our building business within our Sustainable Growth Strategy.”
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