Profitable Kier outlines path to debt-free existence Apr 21, 2021 The Kier Group today confirmed it was pushing ahead with a new share issue as it announced it has returned to half-year profits. The Manchester-based construction giants, fresh from selling its housebuilding arm Kier Living for £110m, has released details of its plans to raise in the region of £200m via the equity raise. Latest […] Posted by: Mark Flanagan Read more
Kier Living to be reborn as Tilia Homes Apr 19, 2021 Kier’s recently-sold housebuilding arm will be rebranded as Tilia Homes. Over the weekend the property giant confirmed the £110m sale of Kier Living to financier Guy Hands, who will operate Tilia out of a new company – Foster BidCo Limited. The sale is subject to approval by shareholders next month and it is expected to […] Posted by: Mark Flanagan Read more
Hands set to get his fingers on Kier’s housebuilding arm Apr 6, 2021 Construction giant Kier is reportedly on the brink of selling its housebuilding arm to Guys Hands, the influential private equity founder of Terra Firma Capital. The sale of Kier Living is expected to raise in the region of £120m for a company that reported a pre-tax loss of £225m in its latest set of annual […] Posted by: Mark Flanagan Read more
