Coles

You will never step foot inside them. But if you purchase groceries online, you may have used one without even being aware of it. Dark supermarkets, also known as ghost supermarkets, are physical locations designed …

Investors have been slugged by interest rate rises but quality centres will perform as syndicators and big institutions chase different market segments.

A visit to the grocery store is becoming quite a different experience as supermarkets use ‘retail boredom’ to push their offering to the next level.

A newly-renovated Coles supermarket is expected to appeal to investors, including those interested in the store and wider site’s future potential.

The acquisition provides JY Group with a property portfolio worth close to $1.8bn.

Coles has exited the fuel and convenience game to focus on its core and more profitable groceries arm, transferring $816m of leases off its balance sheet.

A group of Melbourne investors has paid $13.77 million for a suburban Coles, as more private investors target pandemic-proof supermarkets.

Two highly-prized suburban supermarkets – a Woolworths and a Coles – have hit the market amid a growing investor appetite for pandemic-proof essential retailers.

Institutional investors have been actively targeting ‘pandemic-proof’ retail assets, with Woolworths, Coles and Bunnings at the top of their wish lists.