Founded 18 February 1985 | Total assets 30.9 billion AUD | |
Industry Property Development, Property Management Area served AustraliaNew ZealandUnited States Key people Glenn Rufrano (CEO)Mark Wilson (CIO)Graham Terry (COO) Products Centro Retail TrustCentro Watt TrustCentro MCS SyndicatesCentro Direct Property FundCentro Direct Property Fund InternationalCentro Wholesale Funds Services Property Development and Management |
Centro Shopping America Trust (formally Galileo Shopping America Trust) is an 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 (ASX: CSF). 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.