John Lewis partners with Abrdn for build-to-rent drive

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.

Institutional investment in purpose-built rental homes jumped by 19% last year, while deal volumes leapt by a third.

Institutional investors are piling into the UK's build-to-rent sector, reports Knight Frank, as the firm highlights 15 areas that present particularly strong opportunities for BtR development.