John Lewis launches residential property management arm

Middle-class retailer confirms three proposed build-to-rent sites in Greater London and Reading, as it makes a big move into the residential property development sector.

£500mn joint venture aims to deliver thousands of new rental homes at John Lewis and Waitrose sites.

Chris Harris spearheaded the middle class retailer's recent push into the residential property sector, creating a major build-to-rent venture with ambitions to create 10,000 new homes.