Up to 50% of human roles will be stripped out of the retail industry in the next two decades, as technology broadens its reach, delegates heard today at the PropertyEU Retail Innovation & Technology briefing at MAPIC in Cannes.
Opportunistic investors KKR and Baupost confirmed the acquisition of a portfolio of 33 Marriott International hotels across the UK from ADIA, while listed property group Covivio completed the purchase of 43 hotel properties in France, Belgium and Germany, in a €800 mln swap deal with AccorInvest.
