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Aldi to Invest €97M in 32 New Store Openings Across Spain in 2018

Posted by: In: Real Estate 04 Jun 2018 Comments: 0 Tags: , , , , , , , , , , ,
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1 June 2018 – Eje Prime

Following in the footsteps of one of its main competitors, Aldi is looking for new plots of land and commercial establishments across Spain. Whilst last November, it was Lidl that was explaining that it has already invested more than €2.6 billion in the Spanish real estate sector, now it is Aldi that wants to follow in that firm’s footsteps, with the activation of the search for plots of land measuring up to 8,000 m2 and new commercial premises in which to open supermarkets under its brand.

“We want to continue growing so that increasingly more people will be able to try our products”, explained the group in an interview with El Español. For this reason, it is looking for plots and commercial premises in different places across Spain.

Specifically, plots measuring between 4,000 m2 and 8,000 m2 or even larger sites in the main towns of the country as well as commercial premises in the large cities with a minimum useful surface area of 1,600 m2.

Moreover, on Aldi’s wish list is the fact that the stores should preferably be distributed over one floor and have around eighty parking spaces, as well as have the infrastructure necessary for unloading lorries.

Aldi is going to invest more than €97 million in 32 new openings in Spain in 2018, of which seven will be located in the Community of Madrid. For the time being, Aldi has around 270 stores in Spain, less than half as many as the other German firm Lidl, which has almost 550 establishments.

Original story: Eje Prime

Translation: Carmel Drake

The post Aldi to Invest €97M in 32 New Store Openings Across Spain in 2018 appeared first on Aura Real Estate Experts.

Source:: AURA Real Estate Experts

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