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Galliard Homes

From Wikipedia - Reading time: 4 min

Galliard Homes Limited
Formerly
  • Famegeneral Limited (1987 – 1987)
  • Margin Finance Securities Limited (1987 – 1992)[1]
Company typePrivate
IndustryResidential Property
FoundedAugust 28, 1987; 37 years ago (1987-08-28)[1]
HeadquartersLoughton, England, UK
Key people
Stephen Conway (Founder, Chairman and CEO)
Websitewww.galliardhomes.com

Galliard Homes Limited[1] is a British residential property developer based in Loughton, England. Operating across London and the Home Counties, Galliard Homes is the capital's largest privately owned residential property developer.[2]

History

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Galliard Homes was founded in 1992,[3] by Stephen Conway, who is still its chairman and stepped down as CEO in 2017.[4] In 1993, Galliard Homes purchased the completed Papermill Wharf. Galliard's Victorian conversion, Burrells Wharf followed in 1994, including a statue of engineer Isambard Kingdom Brunel. Further developments in the Docklands include Great Jubilee Wharf, in Wapping,[5] and Millennium Quay.[6]

In 2011, together with Frogmore, Galliard acquired a site on Chiltern Street in Marylebone and began developing apartments, now known as The Chilterns.[7]

Galliard appeared on BBC One's The Apprentice in December 2015, with contestants trying to sell off-plan apartments at The Printworks in Clapham.[8]

In September 2016 Galliard's Lincoln Plaza development in London's Docklands won the Carbuncle Cup for the worst new building of the year in the UK.[9]

In November 2023, Galliard Homes, in a joint venture with Singaporean partner City Developments Limited, acquired the 13.8-acre Morden Wharf development in Greenwich.[10][11]

Operations

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With over 700 staff, Galliard is a property development, hospitality and management group overseeing mixed-use residential, hotel and commercial projects across London and southern England, with a £3.6 billion portfolio of over 6,000 homes, 950 hotel rooms, and one million square feet of retail premises and commercial properties.[12]

Led by chairman and chief executive officer Stephen Conway, the Group has three divisions, Galliard Homes, Galliard Commercial and Galliard Construction.[13]

In July 2015, Singaporean developer, Oxley Holdings entered into a subscription and shareholders' agreement to acquire a 20% stake in the enlarged share capital of Galliard for £50m.[14]

The Stage, Shoreditch is among the projects under development by Galliard Homes.[15]

A 1999 legal case, Galliard Homes v J Jarvis and Sons, is relevant to the interpretation of letters of intent, pre-contractual documents issued in order to set a project underway. In this case, the formal contract documents were never signed, and a dispute arose regarding the project. The High Court held that the intention of both parties had been to enter into a formal contract executed as a deed, but this did not take place and there was therefore no contract in place.[16]

During April 2023, Galliard announced they have signed the UK government's post-Grenfell remediation contract. The contract aims for developers to ensure and tackle critical fire safety defects in buildings that are 11 meters or taller in buildings built in the past 30 years.[17]

References

[edit]
  1. ^ a b c "GALLIARD HOMES LIMITED overview - Find and update company information - GOV.UK". Companies House. 28 August 1987. Retrieved 3 August 2023.
  2. ^ "Galliard Homes and Cain Hoy form joint venture to develop £1 billion of residential units". Buildingconstructiondesign.co.uk. 24 November 2014. Retrieved 22 April 2016.
  3. ^ "GALLIARD HOMES LIMITED". Companies House. Gov.uk. Retrieved 6 September 2016.
  4. ^ "Galliard People | Galliard Homes". www.galliardhomes.com. Retrieved 9 January 2019.
  5. ^ Great Jubilee Wharf, accessed 16 December 2022
  6. ^ "Galliard, London's Docklands and Regeneration | Investor Guides | Galliard Homes". Galliardhomes.com. Retrieved 18 January 2017.
  7. ^ "Inside the block of luxury London flats with its own private art gallery and cinema". Business Insider. Retrieved 18 January 2017.
  8. ^ "Property Agents". BBC iPlayer. BBC. Retrieved 6 September 2016.
  9. ^ "Carbuncle Cup 2016: Luxury flats dubbed 'embodiment of sea sickness' - BBC News". bbc.com. Retrieved 20 March 2017.
  10. ^ Prior, Grant (13 November 2023). "Galliard Homes JV to build out 12-tower Greenwich site". Construction Enquirer. Retrieved 13 November 2023.
  11. ^ "Galliard Homes joint venture acquires 1,500-home Greenwich Peninsula scheme". Housing Today. Retrieved 8 January 2024.
  12. ^ "Spiralling costs stall London housing projects". Financial Times. Retrieved 18 January 2017.
  13. ^ "GALLIARD HOMES LIMITED". Companies House. Gov.uk. Retrieved 6 September 2016.
  14. ^ "Singapore's Oxley buys 20% stake in London homebuilder Galliard for £50m". Ibtimes.co.uk. 16 July 2015. Retrieved 3 October 2016.
  15. ^ "New £750m Shoreditch development centred around remains of Shakespearean theatre". The Telegraph. 8 February 2016. Retrieved 20 March 2017.
  16. ^ RICS, Cases - Galliard Homes Ltd v J Jarvis and Sons plc., accessed 16 December 2022
  17. ^ "Galliard Homes signs government's post-Grenfell safety contract". Inside Housing. Retrieved 9 May 2023.
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