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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