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Henry Boot Closes Land Sale in Didcot, UK.

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MANews-(C)2009-2022

UK-based construction and property development business Henry Boot plc's (LSE: BOOT) land promotion business, Hallam Land Management, has completed the sale of 2,170 residential plots in Didcot, Oxfordshire to national housebuilders Taylor Wimpey UK Ltd and Persimmon Homes Ltd, under a planning promotion agreement on behalf of private landowners, the company said.

The transaction represents a significant proportion of HLM's annual sales target of 3,500 plots, placing it on track to deliver against its medium-term growth strategy.

The 440-acre site is located on the western fringe of the town of Didcot in Oxfordshire, 10 miles south of the city of Oxford.

HLM took control of just over half of the strategically located site in June 2013 and has since been actively promoting it in partnership with Taylor Wimpey and Persimmon, who controlled other parts of it.

The three parties worked with the Local Planning Authority and Oxfordshire County Council to secure an allocation in the adopted Vale of White Horse Local Plan in December 2016, and subsequently secured outline Planning Permission for 4,254 plots in February 2022.

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