Churchill remains cautious despite growing profits

St Athelm Lodge, Wells, England

Churchill Retirement Living has maintained a cautious approach to land buying for a second consecutive year. It acquired 13 sites, equating to 563 plots (2018: 13 sites, 550 new plots), which replenishes stock sold during the period, its latest financial results have said. With fewer new sites it submitted 12 planning applications during the year…

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