The John Lewis Partnership has struck a £500m deal with abrdn to build residential homes.
The department store chain will build the first 1,000 of the 10,000 homes it plans to construct on the sites of old shops and warehouses.
The deal should allow it to build on the sites of two former Waitrose shops in Bromley and West Ealing in Greater London, as well as a vacant John Lewis warehouse in Mill Lane.
