Article: Centro Properties turmoil shaves more from superannuation fund returns.

Byline: Marc Moncrief

Dec 20, 2007 (The Age - ABIX via COMTEX) -- Centro Properties' debt problems have reduced average superannuation fund returns by up to 2% so far in December 2007. The Australian shopping centre owner has revealed it is having difficulties refinancing $A1.3bn in debt that is due. SuperRatings MD, Jeff Bresnahan, said funds with a significant exposure to listed property trusts will be particularly affected by Centro's problems. Shares in Centro rose ...

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