Lidl has announced a £435m investment into expanding and upgrading its warehouse sites to enhance its customer service and logistics network.

The discounter invested £285m across two buildings in its Belvedere site in London. A new warehouse worth £160m was constructed, and the original warehouse underwent a renovation to expand overall capacity. It will support 120 stores once completed.

Richard Taylor, Chief Real Estate Officer at Lidl GB said: “We’re proud to play our role in driving economic growth, while continuing to establish an infrastructure that delivers sustainable growth for our ambitious expansion plans.

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“But these investments are not just about logistics. The updates today also represent an investment in our mission to make good food accessible to households across the country.”

Additionally, Lidl is constructing a £150m warehouse in Gildersome, Leeds. The new developments will create a more than 500 jobs at the two sites.

Rachel Reeves, Chancellor of the Exchequer, said: “This investment is a strong vote of confidence in the UK economy, and Lidl’s commitment to new warehouse facilities in London and Leeds will unlock hundreds of new jobs, strengthen supply chains, and ensure families can access affordable, quality food.

“Through our Plan for Change, we’re backing business and working in partnership to deliver growth and opportunity in communities across the country.”