Lidl Strikes £215m Investor Deal to Accelerate Store Expansion

Lidl has secured a major investor-backed deal to support the construction of 35 new stores across the UK and Europe, marking a significant shift in its approach to property development.

The portfolio, which includes 17 UK supermarket sites, is currently under offer from global investment firm ICG for more than €250 million (£215 million), according to The Grocer. Once construction is complete, all stores will be leased back to Lidl under a sale-and-leaseback agreement.

This approach mirrors Lidl’s first UK deal of this kind, struck with Roadside Real Estate in October last year. Traditionally, Lidl has focused on building and owning its sites outright, but the move towards leasehold arrangements indicates a new strategic direction aimed at speeding up its store rollout.

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