PATRIZIA acquires 24 Lidl stores across Europe
Tuesday, October 20, 2026 · first reported by IREI and 1 other
PATRIZIA has bought 24 newly developed Lidl stores in France, Italy and Spain. Italy accounts for 10 of the properties, Spain for eight and France for six, with floor area of about 538,000 square feet in total.
Lidl's local operating companies lease all of the stores on long-term leases linked to the consumer price index. Christie Wright, co-head of investment management at PATRIZIA, said the portfolio fits the firm's strategy and strengthens its European food retail platform.
- Firm
- PATRIZIA
- Also named
- Lidl
- Asset class
- Real estate
- Geography
- Europe
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