Centro Shopping America Trust

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Centro Properties Group
Type Public (ASXCNP)
Founded February 18, 1985(1985-02-18)
(as Jennings Properties Limited)
Headquarters Flag of Australia Melbourne, Australia
Area served Flag of Australia Australia
Flag of New Zealand New Zealand
Flag of the United States USA
Key people Glenn Rufrano (CEO)
Mark Wilson (CIO)
Graham Terry (COO)
Industry Property Development, Property Management
Products Centro Retail Trust
Centro Watt Trust
Centro MCS Syndicates
Centro Direct Property Fund
Centro Direct Property Fund International
Centro Wholesale Funds
Services Property Development and Management
Profit $469.72 million (2006-07)
Total assets A$30.9 billion
Employees ~ 900+ (within Australia) [1]
Website www.centro.com.au

Centro Shopping America Trust (formally Galileo Shopping America Trust) is a investment product part of Centro Properties Group that acquires shopping centres all around the United States. It was acquired by Centro Properties Group in May 2007 from Galileo Proerty Trust Group (ASXCSF)[2]. In October 2007, Centro Shopping America Trust successfully merged with Centro Retail Trust (CER) and was subsequently delisted from the Australian Securities Exchange. Centro Retail Trust is an Australian Securities Exchange (“ASX”) Listed Property Trust managed by Centro Properties Group (“Centro”). Listed in August 2005, CER offers investors an income return with exposure to quality Australian, New Zealand and United States of America shopping centres. Centro Retail Trusts's portfolio is valued at approximately $8.31 billion (2007). Centro Retail's investment philosophy is to provide investors with access to pure retail property ownership. Click for more information on Centro Retail Trust

[edit] References

  1. ^ Employment Opportunities - Centro Properties Group
  2. ^ http://www.galileofunds.com.au/USA/index.html

[edit] External links

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