Samiksha Jaiswal (Editor)

Centro Shopping America Trust

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Type
  
Public (ASX: CNP)

Founded
  
18 February 1985

Headquarters
  
Melbourne, Australia

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.

References

Centro Shopping America Trust Wikipedia


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