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Aldi’s real estate investments soar in Spain

The real estate subsidiary of the supermarket chain closed the year with eminent figures.

Click here to read the Spanish version.

Aldi‘s sustainable expansion strategy in the national real estate sector ends its last financial year with investments valued at 867 million euros.

This is all part of the German retail giant’s economic plan, which set up a new company in the country to manage a real estate portfolio of more than 300 stores and structure the rapid growth of its distribution network, at a time when the food sector was going through a boom period in the country.

Aldi’s current investment figure is four times higher than two years ago, at 234 million euros, when it was worth 633 million euros, according to the company’s accounts filed with the Mercantile Register.

The distribution chain, which sought to optimise its real estate portfolio as a new line of business, has thus achieved this strong expansion of the sector throughout the Spanish market. A rise that can be seen reflected in the document in the same document in which it can be seen how Aldi Real Estate exceeds the expectations with which it valued the closing of investments this year.