Guy Hands buys Kier’s housebuilding arm Kier Living in £110m deal

Government contractor Kier has sold off its housebuilding arm to private equity baron Guy Hands in a cash deal worth £110million.   The construction company announced the deal on Friday, saying it had agreed to sell its Keir Living business to a newly formed company called Foster BidCo owned by the billionaire investor. Hands, the founder and … Read more

Housebuilding to fall by a third as sites reopen with strict new rules

Housebuilding to fall by a third as construction sites reopen with strict new rules By Matt Oliver For The Daily Mail Published: 21:50 BST, 14 May 2020 | Updated: 21:50 BST, 14 May 2020 Housebuilders across the UK are returning to work – but experts have warned the Covid-19 pandemic may cut their annual output … Read more