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  1. 3 days ago · Coles' head of public affairs, Adam Fitzgibbons, said while "99 per cent" of its supermarket sites were leased, its 42 sites were at varying stages of development.

  2. Sep 30, 2024 · Treasurers will seek to change zoning laws to open up new supermarket sites amid accusations of land banking by Coles and Woolworths. The competition watchdog is examining whether the supermarket ...

  3. Sep 9, 2020 · Supermarkets are increasingly looking to sale and leasebacks as a way to unlock fresh capital amid COVID-19. Supermarket giants in Europe are ramping up sale-and-leaseback activity, as economic uncertainty encourages a fresh assessment of real estate portfolios.

  4. 2 days ago · Manning Mall includes a Target, 27 specialty stores, four kiosks, and 422 on-grade car parks, and is anchored by a Coles supermarket with a long-term lease expiry in 2034. Earlier this year, Centuria Capital Group acquired Halls Head Central, a sub-regional shopping centre in WA, for $70 million.

  5. Mar 13, 2024 · Given their substantial market power, it’s fair to assume that many of the new leases, stores and development sites acquired by Woolworths and Coles would likely be caught under the new regime.

  6. Founded in 1914 in the suburb of Collingwoodby Sir George Coles, Coles currently operates 846[2]supermarkets throughout Australia, including several now re-branded Bi-Lostores. Coles has over 120,000 employees[2][3]and accounts for around 27 per cent of the Australian market.

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