Member Article

CBRE Investment Management Secures Aldi for Key Unit in Fulham Broadway

CBRE Investment Management (CBRE IM) has today announced that it has signed supermarket chain, Aldi in Fulham Broadway Retail Centre. This comes after the destination has undergone a transformative year following investment by CBRE IM and a range of new additions to the centre line-up.  

Aldi has signed a 20-year lease for a 12,734 sq ft store in a space previously occupied by homeware chain, Wilko. The supermarket joins the recently opened flexible workspace, Fulham Works by Spacemade, the revamped David Llyod club. As well as other retailers including Accessorize, Nando’s, Vue, Pret, Starbucks and Wagamama, creating an enhanced retail, leisure and office hub within the destination that is relevant to the community and visitors alike.

CBRE IM, continues to invest in Fulham Broadway to deliver a revitalised vision for the scheme. It received strong interest from other parties for the unit before selecting Aldi, who is planning to open the store later this year.  

Louisa Butters, Head of Retail Asset Management UK at CBRE IM said: “Aldi is one of the biggest supermarkets in the UK and its new store at Fulham Broadway reflects our strategy to ensure that our proposition is relevant to our consumer needs. We believe Aldi is an excellent addition to our retail mix and we look forward to welcoming them.”

GCW represented CBRE IM and Stripe Street acted for Aldi. 

This was posted in Bdaily's Members' News section by Nick Thornton .