It’s good news for bricks-and-mortar retail, but rivals will need to step up e-commerce adoption. The news earlier this month that US e-commerce giant Amazon is acquiring Whole Foods for $13.4 bn (€11.9 bn) sparked a chorus of enthusiastic reactions from real estate advisory firms.
German-listed real estate company Branicks Group has sold a retail property in Bremen city centre to municipal urban developer Brestadt for €37.2 mln.
