Lakeside Plaza, a super llc asset was sold for $6.8m
05 June 2009
CER Sells Asset for US$6.8 Million
Centro Retail Trust (CER) announced today that it has completed the sale of the
following asset in the United States:
Property Name1 Location
Lakeside Plaza Salem, Virginia
1100% of asset held by CER within Super LLC.
The aggregate sale amount was US$6.8 million. After payment of transaction
costs, net proceeds will be utilised for debt reduction.
About Centro Retail Trust (ASX: CER)
Centro Retail Trust (CER) is a pure property trust specialising in the ownership
of shopping centres. CER owns retail property investments in Australasia and
the US. For more information, please visit centroretailtrust.com.
For Further Information
Media: Investors:
Mitchell Brown Centro Investor Services
Corporate Marketing Manager In Australia: 1800 802 400
+61 3 8847 1890 International: +61 3 8847 1802
[email protected] [email protected]
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