Bella Vista. Woolworths land bank

Bella-Vista based Woolworths, the nation’s largest retailer, is rapidly expanding its land bank and becoming one of Australia’s biggest property developers. The group is cementing its dominance of the retail sector by acquiring prime land in urban and regional areas for stores, and going into partnership with residential developers to build housing, according to The Australian Financial Review. Areas where Fabcot, the company’s development arm, owns land in Western Sydney include Baulkham Hills, Berala, Chester Hill, Fairfield Heights, Greystanes, Katoomba, Kellyville, Leura, Schofields and Windsor.