The Guinness Partnership
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The Guinness Partnership is one of the largest providers of
affordable housing Affordable housing is housing which is deemed affordable to those with a household income at or below the median as rated by the national government or a local government by a recognized housing affordability index. Most of the literature on af ...
and care in England. Founded as a charitable trust in 1890, it is now a Community Benefit Society with eight members.
Bloomberg Bloomberg may refer to: People * Daniel J. Bloomberg (1905–1984), audio engineer * Georgina Bloomberg (born 1983), professional equestrian * Michael Bloomberg (born 1942), American businessman and founder of Bloomberg L.P.; politician and m ...
classify it as a real estate owner and developer. , the Partnership owns and manages around 66,000 homes with a historic cost value of £3.7 billion, and provides services to more than 140,000 people. It had financial reserves of £723 million.


History

The Guinness Trust was founded in 1890 by
Edward Guinness, 1st Earl of Iveagh Edward Cecil Guinness, 1st Earl of Iveagh, (10 November 1847 – 7 October 1927) was an Irish businessman and philanthropist. A member of the prominent Anglo-Irish Guinness family, he was the head of the family's eponymous brewing business, ...
, a great-grandson of the founder of the
Guinness Brewery St. James's Gate Brewery is a brewery founded in 1759 in Dublin, Ireland, by Arthur Guinness. The company is now a part of Diageo, a company formed from the merger of Guinness and Grand Metropolitan in 1997. The main product of the brewery is ...
, to help homeless people in London and
Dublin Dublin (; , or ) is the capital and largest city of Ireland. On a bay at the mouth of the River Liffey, it is in the province of Leinster, bordered on the south by the Dublin Mountains, a part of the Wicklow Mountains range. At the 2016 c ...
. He donated £200,000 to set up the Guinness Trust in London, the equivalent of £25 million in today's money. At the beginning of the 20th century, the Iveagh Trust based in Dublin took responsibility for Ireland. The Guinness Trust extended its objectives outside London in 1962, eventually operating in all parts of England. It was not related to the brewery company. The history of its first century was published by Peter Malpass in 1998. In 1992, the Guinness Trust Group acquired the Parchment Group, parent company of Hermitage Housing Association.Guinness Hermitage
website, retrieved 30 April 2008
The combined group is now known as The Guinness Partnership. Northern Counties Housing Association joined the Partnership in 2008.Northern Counties joins The Guinness Partnership
10 Jan 2008. Northern Counties press release. Retrieved 30 April 2008
In 2022, Guinness Partnership announced that it has joined the G15 group of large housing associations in London, the body which aims to provide a collective voice for large, registered housing providers in the capital.


Structure

In 2012, the housing properties and operations of The Guinness Trust were combined with those of the other main housing divisions in the Group to form a single charitable company operating nationwide, The Guinness Partnership Limited. The Guinness Partnership and Wulvern Housing Limited merged on 31 January 2017. Guinness Care specialises in services for over 10,000 elderly people and people with a learning disability, providing home care, supported living, care homes and schemes for retired people. The sales and marketing team is responsible for the sales of the Partnership's shared ownership and market sale properties across England. They are known as Guinness Homes and have a separate website to the Partnership's main website.


See also

* Iveagh Market *
Housing in the United Kingdom Housing in the United Kingdom represents the largest non-financial asset class in the UK; its overall net value passed the £5 trillion mark in 2014. About 30% of homes are owned outright by their occupants, and a further 40% are owner-occupied ...
*
Real estate in the United Kingdom Real estate is a significant feature of the economy of the United Kingdom, and regulated according to Scottish and English land law. The real estate market in the United Kingdom is the largest or second-largest in Europe (after Germany) depending o ...


References


External links

*
The Guinness Partnership 125th anniversary microsite
* {{DEFAULTSORT:Guinness Partnership Housing associations based in England 1890 establishments in England Charities based in England Organizations established in 1890 Guinness family