Discount Store Sparks Revolution on Sylt, Reshaping the Island of the Rich
8 Articles
8 Articles
Kreiszeitung
Yes, Lidl is launching a new project. On the luxury island of Sylt, the discounter is building 15 apartments above the branch. All information and who is allowed to live there, read here:
Discount store sparks revolution on Sylt, reshaping the island of the rich
The German island Sylt has long battled acute housing shortages and locals being pushed out. Now, of all things, a discount chain offers a remedy: Lidl is building a completely new housing complex in Tinnum.
German discount chain Lidl has a plan to address the housing shortage in Germany. It is implementing a new project to build residential units. A similar plan was implemented several years ago in Berlin, among other locations.
The well-known discount giant Lidl has decided on an unusual move – it is taking on the role of a landlord. On the German island of Sylt, known for its extremely high real estate prices and chronic shortage of housing due to the large number of tourist apartments, Lidl has begun construction of a facility that combines modern retail and residential units. The project, called “Nii Kiarwai” in the Tinnum settlement, envisages […]
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