PATRIZIA acquires 24 Lidl supermarkets in Europe

PATRIZIA has expanded its European food retail investment strategy through the acquisition of a portfolio consisting of 24 Lidl supermarkets located in Italy, Spain, and France. The acquisition includes ten properties in Italy, eight in Spain, and six in France, totaling approximately 50,000 square meters of commercial space. All assets are fully leased to Lidl's operating companies under long-term, inflation-indexed contracts, providing stable cash flows.

In Italy, Lidl has demonstrated significant market growth, reaching a 6.4% value market share according to NielsenIQ data for the twelve months ending in June 2026. The retailer's Italian operations now include a network of over 800 supermarkets supported by 12 logistics platforms and more than 24,000 employees. The company maintains a focus on quality-to-price ratios, with over 80% of its 3,500 references being Lidl-branded products manufactured in Italy.