by Sarah Butler on (#73TXP)
Retailer said fundamental shift in economic conditions' made it hard for financial partner Aberdeen to raise fundsThe John Lewis Partnership is pulling out of a 500m deal to build almost 1,000 residential rental homes for rent in Bromley, Reading and West Ealing amid a cautious property market".The retailer, which owns Waitrose supermarkets and John Lewis department stores, blamed a fundamental shift in the economic conditions", which it said had made it difficult for its financial partner, Aberdeen, to raise funds for the venture, first launched in 2020. Continue reading...