The Latest Breaking News from Terra Firma

Billionaire Guy Hands’ property firm sells military homes to MoD for £6bn

Terra Firma’s sale of 36,000 properties ends legal fight with government over recent housing reforms

The Guardian - UK · Dec 17, 2024

Billionaire Guy Hands’ property firm takes housing reforms to European court

Annington Property fears recent legislation could potentially affectthe value of some of the 38,000 UK military homes it holds

The Guardian - UK · Sep 19, 2024

Private equity pioneer Guy Hands to leave Terra Firma ‘when I’m 64’

Dealmaker and ardent Brexit critic to leave senior posts at firm he founded more than 20 years ago

The Guardian - UK · Jul 21, 2023

MacArthur grant recipient's latest public work looks at the history of redlining through 100,000 red tulips

CHICAGO -- By spring, the intersection of 53rd Street and Prairie Avenue in Chicago will be awash in a sea of red tulips — 6 acres of them to be exact, planted Oct. 15 by artist Amanda Williams, 2022 MacArthur grant recipient, South Side residents, and the Emerald South Economic…

Chicago Tribune · Oct 20, 2022

Britain’s hard lessons from handing elder care over to private equity

LONDON — A little over a decade ago, Four Seasons Health Care was among the largest long-term care home companies in Britain, operating 500 sites with 20,000 residents and more than 60 specialist centers. Domestic and global private equity investors had supercharged the company’s growth, betting that the rising needs…

Tribune News Service · Oct 3, 2022

Taxpayers lost billions on MoD housing – so I can’t feel sorry for Terra Firma

Privatisation mania in the 1990s led to a disastrous deal with Guy Hands – ministers are right to try to rectify the situation

The Guardian - UK · Jan 27, 2022

MoD seeks to buy back 38,000 homes leased from firm run by billionaire

Guy Hands and Annington Homes, rather than taxpayers, benefited from soaring UK property market after 1996 privatisation

The Guardian - UK · Jan 27, 2022