Investor secures two Lidls and an Aldi for retail parks
RPMI Railpen (Railpen) has announced the signing of three new supermarkets to its property portfolio: two Lidl stores and an Aldi.
The Lidl stores are located in North West London on the ground floor of St Anns shopping centre in Harrow in a 16,000 sq ft unit, and in Gravesend, Kent, in a 25,000 sq ft unit space
Aldi has signed for a 18,152 sq ft store with Railpen positioned within Gallagher Retail Park in Scunthorpe and willo pen in early 2020.
Richard van Lente, senior asset and development manager at Railpen said:
“Both supermarket brands are significant additions to our property portfolio, and will have a positive impact in each of the areas in which they are to open, particularly with regard to local prosperity and job creation.
“The acquirement of these brands is a direct reflection of our core investment themes and broader strategy to diversify our overall offering whilst generating growth across the UK.”
CGW and Knight Frank acted for RPMI Railpen in the Harrow Lidl deal. Lidl dealt directly. ESH and Savills represented RPMI in the Gravesend Lidl deal. Lidl dealt directly. Savills represented RPMI Railpen in the Aldi deal. Aldi dealt directly.
