Boot(Henry) PLC Pre-let agreed for industrial unit at Wakefield
March 19 2021 - 2:00AM
RNS Non-Regulatory
TIDMBOOT
Boot(Henry) PLC
19 March 2021
19 March 2021
HENRY BOOT PLC
('Henry Boot' or 'the Group')
Pre-let agreed for 260,000 sq. ft. industrial unit at Wakefield
Hub
Henry Boot PLC has announced a significant deal at Wakefield
Hub, one of the largest industrial developments in the North of
England.
HBD, the Group's property development business, will deliver a
260,000 sq. ft. industrial unit on behalf of a German
pharmaceutical company. Subject to securing planning in mid 2021
work is expected to start on site in the second half of 2021 with
the total GDV in excess of GBP30m.
Spanning 200-acres, Wakefield Hub is a joint venture partnership
with developer, Yorkcourt, and is an important scheme for both the
city and the wider region. Injecting crucial inward investment, it
has the potential to create hundreds of new jobs, supporting a
thriving economy.
One of the best locations for industrial and logistics operators
in the North, the scheme offers unrivaled access to the M62, M1 and
A1 and has seen strong interest from potential occupiers.
Henry Boot continues to prudently seek out new opportunities to
grow the Group's development pipeline which is focussed on three
long-term markets: industrial and logistics, residential, and urban
development.
Ed Hutchinson, Managing Director of HBD, said: "This is the
latest in a series of deals at Wakefield Hub, which has been very
well-received by the market. Planning applications are already in
the system for a further 2.2m sq. ft. at the scheme and we look
forward to announcing further deals in due course."
ends-
Enquiries:
Henry Boot PLC
Tim Roberts, Chief Executive Officer
Darren Littlewood, Group Finance Director
Daniel Boot, Group Communications Manager
Tel: 0114 255 5444
www.henryboot.co.uk
Numis Securities Limited
Joint Corporate Broker
Garry Levin/George Fry
Tel: 020 7260 1000
Peel Hunt LLP
Joint Corporate Broker
Charles Batten/Harry Nicholas
Tel: 020 7418 8900
Hudson Sandler
Financial PR
Nick Lyon/Wendy Baker
Tel: 020 7796 4133
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 possess a high-quality strategic land portfolio, an
enviable reputation in the property development market backed by a
substantial investment property portfolio and an expanding, jointly
owned, house building business. It has a construction specialism in
both the public and private sectors, a long-standing plant hire
business, and generates strong cash flows from its PFI contract
through Road Link (A69) Limited.
www.henryboot.co.uk
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