CER 0.00% 32.0¢ centro retail group

another property sold

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    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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