Coles – supermarket site in Upper Swan, WA
MN-05030
Coles Group Limited (**Coles**) is an Australian public company (ASX: COL) that primarily operates: * supermarkets nationwide through its subsidiary, Coles Supermarkets Australia Pty Ltd; and * retail liquor stores nationwide, trading under the Liquorland, Liquorland Warehouse and Liquorland Cellars brands. Saracen Properties Pty Ltd (**Lessor**) is an Australian private property development and building company. It is based in Perth, WA. Coles Supermarkets Australia Pty Ltd has signed a letter of offer with the Lessor in respect of a proposed lease for a Coles supermarket within a new neighbourhood centre at Clementine Village in Upper Swan WA 6069 (the **Acquisition**). The proposed Coles supermarket is anticipated to open in July 2029.
Status
Assessment completed
Determination
Approved
Stage
Phase 1 - initial assessment
Notified
24 July 2026
Acquirers
- COLES SUPERMARKETS AUSTRALIA PTY LTD
Targets
- The Trustee for Saracen Property Holdings Unit Trust