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Henry Boot (LSE: BOOT) – Disposal of land
Published by Andy Murphy

Hallam Land, Henry Boot’s land promotion business, announced today that it has completed the disposal of 632 residential plots at Pickford Gate, Coventry, to Vistry Group. The disposal, which achieved an ungeared internal rate of return of 28%, implies that Hallam has met its FY24 financial target.

This sale at Pickford Gate is Hallam’s fourth at the location, following the disposal of 250 plots to Countryside Partnerships, 491 plots to David Wilson Homes and 52 acres of land for employment.

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