Strategic View: Arkéa REIM launches “Serendip” branded club deal for new French supermarket portfolio. Properties leased to Lidl on firm 12-year terms. Target 8% annual return with investment-grade tenant providing secure income stream.
Full story: French investors are hungry for yield. Arkéa REIM serves it up perfectly. Their new Serendip club deal targets supermarket properties. These aren’t ordinary retail assets. They’re brand-new buildings. Lidl signed 12-year firm leases. That’s music to income investors’ ears. Lidl ranks among Europe’s largest grocers. Their credit profile is investment-grade. Lease obligations get met reliably.
The 8% target return stands out sharply. Government bonds offer almost nothing. Traditional SCPIs struggle to deliver. Real estate provides an alternative. These supermarkets use triple-net lease structures. Tenants cover operating costs, maintenance, and insurance. Landlords receive predictable cash flows. Inflation protection comes built-in. Management burden stays minimal. The income profile resembles bonds. But real estate backing adds tangible value. Rental escalations boost returns over time.
Arkéa REIM’s Serendip platform has proven itself. The firm sources niche commercial real estate opportunities. Logistics warehouses, retail properties, healthcare facilities, and education buildings fill the portfolio. Each club deal offers transparency. Investors see exactly what they own. They choose opportunities individually. Lidl’s 12-year lease provides exceptional visibility. Re-leasing risk disappears for over a decade. Tenant credit risk is minimal given Lidl’s financial strength. The grocery sector proved resilient through pandemic and inflation. For professional investors and high-net-worth clients, this combination of yield, credit quality, and asset-level transparency is compelling. The club deal structure delivers what SCPIs
Summary: Arkéa REIM’s Serendip supermarket club deal offers French investors a rare combination of high yield, investment-grade tenant credit, long-term lease security, and transparent asset selection. The structure addresses demand for stable, inflation-protected income in a low-yield environment through grocery retail’s defensive characteristics.
Source: MeilleureSCPI.com
