Developer Henry Boot sells Didcot residential plots to house builders Taylor Wimpey and Persimmon
Henry Boot has sold 2,170 residential plots in Didcot Oxfordshire to house builders Taylor Wimpey and Persimmon Homes.
The construction firm’s land promotion business Hallam Land Management (HLM) completed the sale under a planning promotion agreement on behalf of private landowners.
With the sale, HLM is on track to deliver against a medium-term growth strategy. It represents a significant proportion of HLM’s annual sales target of 3,500.
Tim Roberts, chief executive of Henry Boot, said: “This major disposal demonstrates the robust demand for HLM’s strategic land plots.
“With this transaction, we have continued to make strong headway towards HLM’s annual revenue and profit target, which stands at over 60% of our 2022 goal.”
The plots are on a 440-acre site 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 site in June 2013 and has since been actively promoting it in partnership with Taylor Wimpey and Persimmon, who controlled other parts of it.
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