New South Wales 

Woolworths, Laundy buy Caringbah pub

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A NEWLY formed consortium including Woolworths and hotel industry veteran Arthur Laundy have made their first major property play in southern Sydney.

The consortium is reportedly paying $40 million for the Caringbah Inn, at 343 Port Hacking Road and a few kilometres from the bayside suburb of Cronulla.

The pub includes strong food and beverage earnings, poker machines, and a bottle shop which may be rebranded as Woolworths trademark Dan Murphys.

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New South Wales 

Woolworths, ALH, Move to Gain Control of Even more Poker Machines with Laundy Group JV

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AHEAD of the federal government introducing new gaming regulations, retail giant Woolworths is believed to be in discussions with a burgeoning pub operator, to own a joint venture portfolio which would give it control of even more pokie machines.

It’s reported Woolworths has approached one of New South Wales largest publicans, the Laundy Hotel Group, which owns about 47 hotels and is considering proceeding with a $330 million purchase of another 20 hotels being sold the National Leisure & Gaming and Redcape Property Fund.

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National 

Woolworths to 31 Retail Assets

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WOOLWORTHS has launched a campaign to sell 31 Australian shopping centres and three development sites.

Most of the centres are anchored by Woolworths, as service stations, supermarkets, Big W, BWS and Dan Murphy liquor outlets.

Twenty of the assets have been developed already. Another 11 are under construction and three are blocks of land with permits and Woolworth related lease agreements in place.

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Victoria 

Woolworths-owned ALH Pays $19 Million For St Albans Hotel

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AUSTRALIAN Leisure and Hospitality Group is reported to have paid $19 million for the St Albans Hotel in Melbourne’s west.

ALH, which is three quarter owned by Woolworths, is expanding its portfolio in light of new Victorian government requirements that a single operator owns no more than 35 per cent of the State’s gaming machines, by 2012. ALH, which owns more than that, is expected to sell off properties and machines within its portfolio, before that time.

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National 

Woolworths to Sell $100 Million in Australian Property Assets

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SUPERMARKET giant Woolworths will try to sell more than $100 million in assets for sale, as it prepares to ramp up its resources for its new Australian hardware sector partnership with US-based Lowes Group.

Woolworths has listed for sale sell three shopping centres, including Sydney’s Thornleigh Marketplace and Pemulway Marketplace – expected to reap about $50 million combined – and one in Queensland’s Caloundra.

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National 

Woolworths to Enter Lucrative Australian Hardware Market

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BUNNINGS, Mitre 10…or Woolworths?

The supermarket giant this week announced it entered into an equity agreement with US-based Lowe’s Companies Inc, to buy Australia’s second largest hardware retailer Danks Holdings, which controls brands like Thrifty Link and Home Hardware.

The move, which is subject to regulatory approval and a minimum 90 per cent acceptance from shareholders, will see Woolworths enter the lucrative Australian hardware sector.

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Fairy Penguins
Victoria 

Woolworths, Ritchie’s Supermarkets Lodge Plans to Open in Phillip Island

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Fairy PenguinsWoolworths has lodged plans to build a new supermarket and shopping centre on a prominent Phillip Island caravan park it bought as a development site about two years ago.
 
The Boomerang Caravan Park site at 121 Thompson Road in the island’s main township of Cowes, is expected to close in May 2011 when an existing lease arrangement between Woolworths and the park operator lapses.
 
Sources say the proposed new development will include a 3,200 square metre Safeway supermarket, and about nine specialty shops totaling 1,408 square metres. It’s understood the project could have an end value of more than $20 million, but this could not be confirmed with a Woolworths representative, who failed to return calls.

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Victoria 

Mt Evelyn Residents Oppose Controversial Woolworths Development: The Next Round

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Yarra Ranges Council and Mt Evelyn residents are preparing themselves for “round 2” of a fight against supermarket giant Woolworths, to halt development of a controversial mixed use development at the corner of Station Street and Snowball Avenue, in the city centre.

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