Guinness surplus jumps 83% due to stock swap deal

By Carl Brown2021-09-24T08:54:00

Housing association giant increases starts and completions

The Guinness Partnership has posted a large increase in its surplus as a result of a major exchange of housing stock with another registered provider.

The association, which manages more than 64,000 homes, reported a surplus of £69.9 million for the year to 31 March 2021, up from £38.2m the previous year.

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