Avison Young, Savills and others to advise on resi redevelopment of parts of portfolio
Administrators appoint CBRE to sell 1,525-home site
The developer has purchased the Cambridgeshire site from the MoD
Case relates to MoD plans to buy back houses purchased by Annington Property
Annington Homes is fighting attempts by the government to unravel the privatisation of thousands of military homes
Ministry of Defence to invest up to £400m in the site over 10 years
Annington Homes says the offer was contingent on the MoD not forcibly buying back the homes
The case concerns an estate valued at more than £7bn, which is leased back to the MoD
Around 18% of the MoD’s 48,000-home estate is empty, but there are no plans to house refugees
Ultimatum issued over government plan to buy back homes it sold off in 1996
The government wants to take back 38,000 homes sold off in 1996 for £1.7bn, now valued at £7.6bn
Government confirms Samlesbury will be home to National Cyber Force