John Lewis agrees £500m JV to deliver 1,000 homes

By Emily Twinch2022-12-05T10:59:00

A joint venture with investment company abrdn will see homes built in Bromley, West Ealing and Reading.

John Lewis Partnership has agreed a £500m joint venture to deliver 1,000 homes in Bromley, West Ealing and Reading.

The retailer has signed the multi-decade JV with global investment company abrdn, which it said is a “ major milestone” in its ambition to build 10,000 built-to-rent homes in the next few years.

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