National supermarket portfolio hits the market

A portfolio of four supermarket anchored assets across Australia has been listed for sale with the rare offering expected to attract significant interest reflecting continued investor demand for defensive retail assets underpinned by non-discretionary spending and secure income profiles.

CBRE’s Michael Hedger, Joe Tynan, James Douglas, James Sherley and Chloe Mason are managing the four week on-market tender process.

The National Portfolio comprises Coles Yarrabilba in QLD, Woolworths Casula and Bermagui in NSW and Coles Orana in WA. Each asset is underpinned by long‑term leases to Australia’s two largest supermarket operators, providing investors with highly secure income streams and long-term tenure profiles.

Mr Hedger said, “This is a unique opportunity to acquire individually or in one line a portfolio of established and strong trading Woolworths and Coles supermarket investments across a strategic geographical spread over three states of Australia.”

The assets, located across key Australian markets, are being offered at a time when supermarket-anchored and convenience-based retail investments continue to benefit from improving capital market conditions and resilient trading performance across the broader retail sector.

Mr Tynan added, “These conditions have reinforced investor confidence in supermarket-backed real estate, particularly assets that combine strong tenancy, convenience-led formats and exposure to established or growing population catchments.”

The four supermarket investments are expected to appeal to a broad cross-section of private, syndicate and institutional buyers seeking long-term income security and exposure to assets aligned with everyday consumer demand.

Mr Douglas added, "The retail sector was the standout commercial real estate sector in 2025, with transaction volumes increasing by nearly 34% year-on-year to $12.7 billion, representing the highest annual retail investment volume since 2021 – a trend we are continuing to see.”

The campaign comes amid a broader recovery in retail real estate sentiment with CBRE data showing transaction volumes for 2025 close to the highest on record seeing circa $13.559 billion across the year with 186 sales reflecting continued strong demand for retail assets with investors shifting mandates towards the retail sector.