We are Annington, one of the largest private real estate owners in the UK. Our aim is simple: to accelerate the refurbishment, re-development, rental or sale of affordable ex-MOD homes to families who need them. We have a portfolio of over 39,000 properties worth £8.5bn, most of them rented by the MoD to provide quality, reasonably priced housing to Service Families. It makes us strong and stable, and gives us a real sense of social purpose.
Annington is pleased to announce that it has agreed the sale of its interests in the Married Quarters Estate (MQE) to the Ministry of Defence (MOD).
• Annington to surrender its 999-year lease of approximately 36,000 housing units to the MOD.
• All ongoing legal proceedings between the parties in relation to enfranchisement and leasehold reform to be terminated.
• Annington will continue with its long-term business plan to invest in UK housing assets
Full details of the transaction and the tender offer launched today can be found here
An investment in Annington is an investment in the future. We have a 200-year rental contract with the UK Government. We’re also dedicated to good corporate citizenship and our ESG journey. And all steered by our senior management team, who have always kept a long-term view of the property market.
We are a substantial real estate asset with reliable government-backed cashflows, making us financially secure with an investment grade credit rating. But don’t take our word for it. We have the figures to back it up.
homes owned by Annington
in asset value
in rental income
donated to charitable causes since 2016
Our developments have homes that range from two bedroom flats to eight bedroom houses, from Cumbria to Cornwall and South Wales to Suffolk. Our buyers and renters benefit from more green space than new build sites. The lower density of our sites also gives us the chance to deliver value through selective infill and redevelopment.
The wide range of location, condition and construction type of our homes make us experts in choosing the right level of refurbishment for the right place.
We understand the value of giving back to the community. That’s why we’re proud to be signatories to the Armed Forces Covenant. Since our beginnings, we have made donations to over 750 individual charities and philanthropic initiatives that support the UK’s military. From projects that work to help service families, to mental health welfare programmes that benefit veterans.
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