Kaufland hits Melbourne as supermarket wars step up

Kaufland hits Melbourne as supermarket wars step up
Staff reporterNovember 29, 2017

The supermarket wars are set to set up as Kaufland has secured its first site in Melbourne.

Kaufland, a discount German retailer, has purchased an empty Bunnings site in Dandenong for $16.4 million.

Kaufland is part of the Schwarz Group, the fourth-biggest retailer in the world.

Its “hypermarket” stores are typically four to five times bigger than a Coles or Woolworths.

The Gladstone Road, Dandenong property in Melbourne’s south-east includes 12,000 square metres of retail space on 3.3 hectares of land.

The Herald Sun said Spanish-born Jon Ruiz del Portal was appointed to the Kaufland Australia board this week.

It spent $25 million to buy a major site in the fringe of the Adelaide central business district last month.

Editor's Picks

City Beat December 2024: Sydney unit market finishes 2024 up overall, but slowdown apparent
City Beat December 2024: Brisbane unit market surges to highest annual growth since 1988
Ageing population to drive downsizing trend and force major rethink of Australia’s housing response: Colliers
First look: CS Collective file for Lantern Burleigh, luxe apartments in Burleigh Heads
"Mountain to climb" as new home building activity falls