Coles – supermarket site in Byron Bay, NSW

WA-30035

Coles Group Limited (**Coles**) is an Australian public company (ASX: COL) that primarily operates: * supermarkets nationwide through its subsidiary, Coles Supermarkets Australia Pty Ltd (**CSA**); and * retail liquor stores nationwide, trading under the Liquorland, Liquorland Warehouse and Liquorland Cellars brands. Coles also has a property development arm, Coles Group Property Developments Ltd (**CGPD**), that buys land and constructs shopping centres, standalone supermarkets and / or liquor outlets and then sells these completed sites to third party buyers. JD 156 Jonson Street Pty Ltd (**Lessor**) is an Australian private mixed-use development company focused on developing retail and residential developments in the Northern Rivers region in New South Wales. CSA has signed a letter of offer (**LOO**) with the Lessor, which is intended to facilitate Coles acquiring a leasehold interest in a single lot within a new mixed-use development at 148-158 Jonson Street, Byron Bay NSW 2481 for the purposes of a Coles supermarket (the **Acquisition**). The mixed-use centre will feature Coles as an anchor supermarket, specialty retail, wellness and residential apartments.