UK: John Lewis Partnerships (JLP) has taken over management of a 259-unit BTR scheme in Birmingham’s Jewellery Quarter.
Landrow Place was built in 2021. It takes the total number of homes managed by JLP to more than 800, with further locations planned.
It also manages 326 homes in the Clarendon Quarter in Leeds and 232 homes in the Queen Street Quarter in Leicester.
All three buildings are owned by clients of abrdn. JLP entered into a £500 million joint venture with the global investment company to develop and manage homes in existing JLP locations.
Planning was secured in July to redevelop a Waitrose store in Bromley as well as build 353 homes. JLP has also recently submitted an applicated to transform a disused former warehouse site in Reading and is continuing through an appeal process to replace the Waitrose shop in Ealing with a new store and homes. The three proposed sites will potentially deliver more than 1,000 homes.
Sophie Hine, head of BTR operations and customer experience for JLP, said: “In less than a year we have established a management business that has brought about significant improvement in customer satisfaction scores and, with the addition of Landrow Place, we will now operate more than 800 homes. Alongside our first approved application to deliver desperately needed new homes from our own sites, with a further two applications in progress, it signals real momentum now in realising our long-term housing ambitions.”
Robert McDonnell, fund manager for abrdn, added: “Building on the strong performance by the JLP team on our abrdn Build-to-Rent properties in Leeds and Leicester, I am delighted that they have now taken over the property management at our Landrow Place property in Birmingham. This collaboration allows us to continue to leverage JLP’s quality of service and renowned trust to further enhance the living experience for our residents. We look forward to the positive impact they will bring to Landrow Place and to continuing our successful journey together.”
