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Showing 41 - 50 of 56 results for %22Centro Properties Group%22

Property trusts dominate local M&A activity

... Holding consolidations totalled $US6.8 and $US6.1 billion respectively and Prime Retail Group's merger with Centro Properties totalled $US2.1 billion. "We've seen a considerable amount of activity this year in the property trust sector where consolidation ...

Centro property fund closes after reaching $100 mln target

AAP  |  WEDNESDAY, 15 SEP 2004
Centro Properties Group today said the Centro MCS 33 direct property fund would be closed after it had reached its equity target of $100 million. Centro chief executive Andrew Scott said the level of demand for the fund showed there continued to be ...

Centro Properties, Prime Retail Group plan merger

AAP  |  TUESDAY, 27 JUL 2004
Centro Properties Group and Prime Retail Group today announced a proposal to merge, creating the fifth largest property trust in Australia. The merged entity would have combined assets under management of $6.4 billion and property management of 132 ...

Centro doubles in size, records 52% rise in profit

AAP  |  THURSDAY, 5 FEB 2004
Centro Properties Group expects to grow even bigger and stronger in the second half, after doubling in size in the first half and posting a 52% increase in net profit. Centro announced net profit of $85.746 million for the six months to December 31 ...

Westfield, Commonwealth Funds Management in property deals

AAP  |  MONDAY, 24 NOV 2003
... interest in Westfield Arndale in Adelaide for $57 million. At the same time, WFT has agreed to sell to Centro Properties Group (CEP) 100 per cent of Westfield Arndale for $117 million. The sale of Arndale represents a yield of 7.50 per cent on Westfield ...

Centro funds under management doubles to $6 billion in 2003

... significance in a well-balanced investment portfolio has been reinforced over the last 12 months for the Centro Properties Group. General equity markets returned a negative 1.5 per cent for the 2003 financial year, whilst listed property trusts have ...

Centro to acquire MCS funds management business

Centro Properties Group Ltd has confirmed it will acquire the MCS Property funds management business for $193.5 million. Earlier today, Centro's units were placed in a trading halt, pending an announcement from the company. Centro said the deal to acquire ...

Centro poised to buy MCS Property

WITH AAP  |  MONDAY, 7 JUL 2003
Centro Properties Group is reportedly poised to buy the $1.4 billion MCS Property funds management business and in the process become Australia's second-biggest shopping centre manager. In a deal that might be announced as early as today, Centro will ...

Centro sells 19.9% stake in AMP Shopping Centre Trust

Centro Properties Group today announced that it had returned all acceptances for its takeover offer for the AMP Shopping Centre Trust (ART). "Centro has now sold its initial 19.9 per cent stake in ART at a $35.5 million profit before costs," Centro ...

Centro, Westfield request trading halts pending announcements

Listed property groups Centro Properties and Westfield Trust have both requested trading halts pending announcements to the market due to be released later today. The announcements follow the news that AMP Life has agreed to waive the controversial ...