Developers sign joint-venture land deal

Developer Henry Boot says it has entered into a joint venture to pursue an unnamed “strategic land opportunity” in the Midlands.

Henry Boots’s subsidiary Hallam Land Management, has signed a 50/50 deal with Harworth Estates Investments, part of Harworth Group.

John Sutcliffe, chief executive of Henry Boot, said: “This deal represents the continued expansion of our strategic land bank, leveraging the value brought by our regional operating model. We look forward to working with the Harworth team on this new opportunity.”