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It's a bit surprising that Aldi (and other supermarket chains) generally don't invest in residential real estate.
by jfoster 2y ago
It's a bit surprising that Aldi (and other supermarket chains) generally don't invest in residential real estate.
- dudinax 2y agoThat really would be insider trading.
- jfoster 2y agoDoes insider trading apply to real estate in the same way that it does to securities? It doesn't seem so different to any mixed-use project where a developer might construct a tower that is partly residential, partly commercial. Pretty sure a lot of large companies purchase residential around any major new HQ they intend to open, too.
- ajsnigrutin 2y agoWho knows, maybe they do :)
- mschuster91 2y agoOver half of Aldi's locations actually belong to them [1]. Keeps them safe from the usual landlord racket. [1] https://www.lebensmittelzeitung.net/handel/nachrichten/immobilien-aldi-sued-baut-eigentum-aus-169772 https://www.lebensmittelzeitung.net/handel/nachrichten/immob...
- ajsnigrutin 2y agoI think op meant more in a way, where Aldi would buy apartments near their new store, since having an aldi nearby raises realestate prices (in some specific cases of course).