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ALDI CREATES NEW NATIONAL REAL ESTATE TEAM AS IT TARGETS 500 NEW STORES

Aldi has created a new National Real Estate Team as it looks to deliver its plan to open 500 new UK stores.

The UK’s fourth-largest supermarket recently announced a long-term plan to operate 1,500 UK stores – and the distribution network to service them – to meet growing demand from people in every corner of the country to have an Aldi near them.

Its new centralised team, headed by Managing Director of Real Estate, Jonathan Neale is being aided by Colliers as the company’s national advisors.

The supermarket typically looks for freehold town-centre or edge-of-town sites of around 1.5 acres and can accommodate a 20,000 sq ft store with approximately 100 parking spaces.

While it is particularly interested in sites in London and the South East, where it wants to open 200 new stores, it is also looking for sites in areas from Glasgow to Worthing.

Jonathan Neale, who spent time as a Real Estate Director earlier in his 21-year Aldi career, said: “This year we opened our landmark 1,000^th store and we have the most ambitious expansion plans of any major supermarket. Centralising our Real Estate Team and making it easier for the real estate sector to deal with Aldi is the first step in accelerating progress towards our goal of opening a further 500 new stores. We have clear, consistent requirements and want to partner with land-owners, landlords and developers.

“Listening to the sector, we know that our new national team will make it easier for people to work with us. We are now set up to have the kind of agility needed to find and deliver the sites and schemes that will help us to bring our amazing quality and unbeatable value to every town and community in the country.”

The new Aldi National Real Estate Team can be contacted by NRE@aldi.co.uk.

As national advisors to Aldi, the Colliers Team is led by Greg Styles, Head of Retail Development and Advisory.

ENDS