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John Lewis Plans To Build 10,000 Rental Homes On Its Land

John Lewis is considering plans to build 10,000 homes over the next decade as the high street store group looks to revive its flagging fortunes by becoming a landlord.

Read the full article on The Guardian website

NAM Implications:
  • All incremental value from owned land.
  • Certainly a source of breathing space…
  • …in terms of developing their retail model.