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.
CDC Investissement Immobilier, the real estate asset management subsidiary of French financial institution Caisse des Dépôts, has inked a strategic partnership with Covivio in Germany.
