As previously advised, the Board and management of Centro Properties Group (“Centro”) and their advisers are undertaking a strategic review process. This review includes evaluating options to secure the financial structure of Centro and its related entities, including Centro Retail Trust, on a timetable consistent with that agreed with the group's banks. Mr Brian Healey, Chairman of Centro, said, “In recent days, we have received a significant number of unsolicited expressions of interest from a range of strategic and financial investors in potential investments in the group and certain of our assets. “Therefore, as part of the strategic review process, Centro is now seeking expressions of interest for key alternatives available to it.
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