We’re proud to be one of the largest owners of residential real estate in the UK. Our portfolio of almost 40,000 residential properties were acquired from the Ministry of Defence in 1996, and leased back to them for 200 years. As you can see below, we’re financially stable with reliable, long-term cash-flows.
The majority of our portfolio is the Married Quarters Estate which is all in England and Wales. About 84% of the MQE by Fair Value is in what we think of as the Greater South - East Anglia, Greater London, the South East and the South West. Most of our homes are in Sites that are part of or close to military bases and the majority are two and three bedroom terraced or semi-detached properties.