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Article: BRIEFING - ASIA RETAIL - AUG 27, 2007.
- Article from:
- AsiaPulse News
- Article date:
- August 27, 2007
CopyrightCOPYRIGHT 2007 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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An executive briefing on retail for Aug 27, 2007, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.
CENTRO RETAIL TRUST TO MERGE WITH CENTRO SHOPPING AMERICA TRUST
SYDNEY - Centro Retail Trust (ASX:CER) is proposing to merge with Centro Shopping America Trust (ASX:CSF), placing it on track to own 460 shopping centres worth $A10.1 billion ($US8.36 billion).
The shopping centres in Australia, United States and New Zealand at the centre of the deal have a market capitalisation of almost $A4.1 billion ($US3.39 billion), Centro Retail said in a ...