Annington Homes is a provider of privately rented homes in the United Kingdom,[3] specialising in converting former Ministry of Defence (MoD) housing for the general public since 1996.[4] Since 2012, the company has been a wholly owned subsidiary of Terra Firma Capital Partners.[3]
History
In 1996, the MoD sold all its housing for military personnel and their families, 57,400 properties, to Annington Homes for £1.67bn as part of a broader process of privatisation of state assets, making Annington the largest owner of residential property in England and Wales.[3] Annington Homes had been established earlier that year as a shell company by Nomura Holdings; Nomura's Guy Hands played a central role in the deal.[3]