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