Sunday, 29 June 2014

Tesco "land bank" could house a small city

Tesco land bank could house a small city

Company accused of hoarding land

Tesco owns enough unused land to build 15,000 houses, according to an analysis of Land Registry records by the Guardian.

The company owns around 310 sites, most bought in the 1990s and 2000s, and adding up to 4.6 million square metres or 1,100 acres. Some of this land already carries houses or is let to other retailers, but most is completely undeveloped.

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