Discount Retail Chain Lidl Germany is apparently planning to finance its expansion by selling real estate packages. In other words, the discounter relies on so-called "sale and lease back" concepts. In this case, the group sells its real estate in order to then rent it on.
In contrast to other retailers, however, Lidl does not offer less sought-after properties in a B-location, but locations with a high degree of attractiveness. A current portfolio called Saphir, which was launched on the market without a broker, includes particularly valuable properties.
Similar financial construct was used by Aldi Australia did with its distribution centers in 2020.
