John Lewis plans to build 10,000 rental homes

By Carl Brown2021-07-05T10:14:00

Department store chain would develop majority on own sites as it moves into Build to Rent market

John Lewis Partnership is planning to build 10,000 homes for rent over the next few years as it seeks to diversify its income from retail.

The chain of department stores believes it can build 7,000 homes on its own sites, with the rest on new plots.

The co-operative believes the move can also help it meet a “strong social purpose” by helping to address the housing supply crisis.

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