AKA has acquired 64 retail properties in Denmark previously operated by REMA 1000 as part of a strategic investment to expand its footprint in the Danish market.

Information on the Target

REMA 1000, a leading grocery chain in Denmark, has recently undertaken a significant initiative as part of an agreement involving both properties acquired during its takeover of ALDI’s store network and locations from its existing real estate portfolio. Rather than owning these properties outright, REMA 1000 will now act as a tenant in these agreements. The properties included in this initial phase comprise 64 stores strategically located throughout Denmark. This move allows REMA 1000 to expand its presence in the Danish market, where it aims to establish a network similar to its operations in Norway.

According to Hallvard Thoresen, spokesperson for AKA, the acquisition represents a major milestone for the company, marking its first significant investment outside Norway. The collaboration of Norwegian stakeholders in this venture further emphasizes the commitment to maintaining a fully Norwegian ownership structure for the properties involved.

Industry Overview in Denmark

The retail grocery sector in Denmark has shown resilience and adaptability in response to shifting consumer preferences and competitive pressures. With an emphasis on sustainability and convenience, grocery chains are continuously innovating their offerin