Approved · Notification · Phase 1 · filed 24 July 2026
Coles Supermarkets Australia Pty Ltd proposes to lease a new supermarket site from Saracen Properties Pty Ltd at Clementine Village, Upper Swan, WA. This acquisition in the supermarket and grocery stores industry is for a new neighbourhood centre, with the Coles supermarket 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.