Centro Properties Group will put itself up for sale ahead of a Feb. 15 deadline to refinance $3.4 billion in debt, the beleaguered Australian shopping mall giant said Wednesday. Centro took on ...
The sale, which comes after a “competitive market process,” will leave Centro with only its Australian retail holdings, Chairman Paul Cooper said. “We have previously said that the capital structure ...
The Blackstone Group has entered a preliminary bid for the asset portfolio of Australian shopping center owner Centro Properties Group, Reuters reported, citing an article in the Wall Street Journal.
Centro Properties Group (ASX:CNP) announced a 3,000 square foot Advanced Wireless PCS recently opened at Green Acres, located at the northwest corner of State Street and Hemmeter Road in Saginaw.
Private equity giant Blackstone Group will pay $9.4 billion to acquire a portfolio of 558 U.S. shopping centers owned by Australia’s Centro Properties Group, Reuters said. Blackstone beat out two ...
Centro Properties Group, Australia’s second-largest shopping center landlord and owner of nearly 700 U.S. malls, said Tuesday that it was seeking buyers for the company -- a victim of the deepening ...
MELBOURNE (Reuters) - Australia's troubled Centro Properties Group reported a $1.1 billion first-half loss and said it received expressions of interest for two of its funds as it tries to raise cash ...
Add articles to your saved list and come back to them any time. CENTRO Properties Group's new chief executive flies into Melbourne this morning from New York amid the turbulence over the company's ...
Centro Properties Group announced a 7,200-square-foot lease has been executed with rue21 (formally known as Pennsylvania Fashions Inc., rue21 Inc., headquartered in Warrendale, Pa., is a specialty ...
MELBOURNE (Reuters) - Shares in Centro Properties Group, which owns and manages 700 shopping malls in the United States, slumped for a second day on Tuesday on fears its exposure to the subprime debt ...
Centro Properties Group has announced liquidation value adjustments of $1.3 billion ahead of a proposed restructure and the maturation of its senior debt. Centro announced a statutory net profit for ...
Centro Properties Group has reported significant property valuation declines over its US and Australian managed property portfolios as at December 31, 2008. The results, derived from both independent ...