MergerLoop
  • Home
  • All Deals
  • Newsletter
  • 20 Weeks In Report
Register

MergerLoop is a DDLoop project

Register

Coles / supermarket site in Kirkwood (QLD)

Approved · Notification · Phase 1 · decided in 21 days, 9 Sept 2026

Construction & Building MaterialsMN-05046ACCC register

Coles Supermarkets Australia Pty Ltd, a Coles Group Limited subsidiary, proposes to lease a new supermarket site in Kirkwood, Queensland. The site is being developed by Kirkwood LFR Development Pty Ltd, a joint venture of Cadre Pty Ltd and Argus Property Partners Pty Ltd. This property lease expands Coles' supermarket operations.

Timeline

  1. 19 Aug 2026Filed with the ACCC
  2. 19 Aug 2026Coles - supermarket site in Kirkwood (QLD) - QuestionnaireDOCX · 60.6 KB
  3. 9 Sept 2026Coles - supermarket site in Kirkwood (QLD) - Phase 1 determinationPDF · 153.3 KB

Acquisition details

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. Kirkwood LFR Development Pty Ltd ( Lessor ) is an Australian private company which is a joint venture between developer Cadre Pty Ltd ( Cadre ) and financier Argus Property Partners Pty Ltd ( Argus ). Cadre is an Australian private diversified property development and investment company specialising in large-format retail, residential, commercial, industrial and mixed-use projects. Argus is an Australian private property fund manager and investment house. Coles has signed a letter of offer with the Lessor for a proposed lease of a Coles supermarket within a new neighbourhood centre at Lot 2 Kirkwood Road, Kirkwood QLD 4680 (the Acquisition ). The proposed Coles supermarket is anticipated to open around November 2029.

Parties

Acquirer
COLES SUPERMARKETS AUSTRALIA PTY LTD ABN - 45 004 189 708
Target
Kirkwood LFR Development Pty Ltd as trustee of the Kirkwood LFR Development Trust (or related entity ACN - 683 516 592
ANZSIC
  • 3019 Other Residential Building Construction
  • 3020 Non-Residential Building Construction
  • 3211 Land Development and Subdivision
  • 4110 Supermarket and Grocery Stores
  • 4122 Fruit and Vegetable Retailing
  • 4279 Other Store-Based Retailing n.e.c.
  • 6711 Residential Property Operators
  • 6712 Non-Residential Property Operators

More Construction & Building Materials deals

  • Coles / supermarket site in Angle Vale, SANotification · Under assessment
  • Coles / supermarket site in Plainland, QldWaiver · Approved
  • Coles / shopping centre in Albion Park, NSWWaiver · Approved
  • Coles / supermarket site in Byron Bay, NSWWaiver · Approved
  • Coles / expansion of supermarket located within Coles head office site in Docklands, VICWaiver · Approved
  • Coles / supermarket site in Upper Swan, WANotification · Approved