CBRE Investment Management has recently welcomed Aldi to the Fulham Broadway Retail Centre, marking a significant addition to the shopping and leisure destination. This move comes after a year of transformative changes and enhancements at the centre, spearheaded by CBRE IM’s strategic investments.
The supermarket giant has committed to a long-term presence in the area, securing a 20-year lease for a 12,734 square foot space that was formerly home to the homeware retailer Wilko. Aldi’s upcoming store joins a variety of new and improved establishments, including Fulham Works by Spacemade, a flexible workspace solution, and the upgraded David Lloyd leisure club. The centre’s diverse tenant mix also features popular brands like Accessorize, Nando’s, Vue Cinemas, Pret A Manger, Starbucks, and Wagamama, contributing to Fulham Broadway’s appeal as a comprehensive retail, leisure, and office hub.
CBRE IM’s ongoing investment in Fulham Broadway aims to deliver a renewed vision for the scheme, ensuring it remains a destination that resonates with both the local community and visitors. The decision to welcome Aldi into the fold followed significant interest from various parties, highlighting the location’s attractiveness and potential for business growth. Aldi is expected to inaugurate its new store later this year, further diversifying the centre’s retail offerings.
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Louisa Butters, the Head of Retail Asset Management UK at CBRE IM, expressed enthusiasm for Aldi’s addition to Fulham Broadway, stating, “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.”
The collaboration between CBRE IM and Aldi was facilitated by property consultancy firm GCW representing CBRE IM, and Stripe Street acting on behalf of Aldi
