Coles

Wesfarmers has announced it intends to demerge its Coles grocery division to create a new top 30 company on the ASX.

Property buyers in Tasmania have clamoured for homes in prestigious Sandy Bay for years, and now those same investors can buy the suburb’s supermarket.

Supermarket giant Coles is selling its last NSW leasehold pub — the Northlakes Tavern at Charmhaven.

Grocery giant Coles got the opposite of their ‘down, down’ campaign as Torquay Village Shopping Centre sells for $35 million.

A series of Queensland shopping centres have changed hands at very sharp yields, reflecting the healthy demand for centres expected to stare down Amazon and continue to produce steady returns.

Construction is to start on a new town centre at the heart of Stockland’s $5 billion Oceanside development on the Sunshine Coast, after receiving state and local ­approval. 

Shopping centre giant Coles is looking to join finance houses Alceon Group and CPRAM Investments by selling off a property into Queensland’s hot property market.

Grocery giant Coles will hope its “down, down” jingle works in reverse as it takes one its key Geelong assets to market this week.

Coles will sell one of its supermarkets as well as a shopping centre it anchors in New South Wales, in a pair of property sales expected to be total $60 million. The Westmead Shopping Village in Sydney’s west, …