Aster announces £1bn plan to nearly double spend on stock improvements

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37,000-home landlord reports drop in surplus due to one-off costs

Aster Group has pledged to invest £1bn over the next seven years in improvements to its existing homes

The 37,000-home landlord made the pledge in its financial statements for the year to 31 March. The expenditure would be almost double the £543m spent on existing homes over the previous seven years.

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