Business Services Industry

Debt drives Centro shopping sales.

Australasian Business Intelligence, June, 2009

Byline: Bridget Carter

Jun 10, 2009 (The Australian - ABIX via COMTEX) -- Centro Properties Group has announced plans to sell two Victorian shopping centres in a bid to reduce debt on its managed syndicates. The group said it will sell its Meadow Heights shopping centre and the Rosebud Shopping Centre ahead of a December 2009 debt repayment deadline. Both shopping centres are held by the group's MCS18 syndicate.

Publication Date: 11 June 2009

 
CENTRO PROPERTIES GROUP - ASX CNP 
BECTON PROPERTY GROUP - ASX BEC 
DAVID JONES LIMITED - ASX DJS 
CENTRO MCS 18 
CENTRO MCS 28 
APN FUNDS MANAGEMENT LIMITED 
MACARTHURCOOK FUND MANAGEMENT LIMITED 
MIRVAC FUNDS MANAGEMENT LIMITED 
ORCHARD FUNDS MANAGEMENT PTY LTD 
BROOKFIELD ASSET MANAGEMENT...

            
        
    
    	    
                
                
	
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