Processing timeline
3
days
Filed
24 July 2026
Decision Due
4 Sept 2026
Est decision date: 24 Aug 2026. Based on 53 decided Professional & Business Services notifications.
Acquirer(s)
COLES SUPERMARKETS AUSTRALIA PTY LTD ABN - 45 004 189 708
Target(s) or Vendor(s)
The Trustee for Saracen Property Holdings Unit Trust ABN - 59 505 202 814
Other parties
None listed
Coles Supermarkets Australia Pty Ltd, a subsidiary of Coles Group Limited, proposes to lease a new supermarket site from Saracen Properties Pty Ltd. This property transaction involves a new Coles supermarket within the Clementine Village neighbourhood centre in Upper Swan, WA, anticipated to open in July 2029.
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.
The ACCC has prepared a questionnaire on the Acquisition. Submissions or information in response to the questionnaire should be provided by 31 July 2026 via email to mergers@accc.gov.au with the title Coles – supermarket site in Upper Swan, WA. The ACCC’s ability to give detailed consideration to submissions received after this time may be limited.