Mr Rufrano has been in the US to line up the sale of Centro's stake in the Centro America Fund, worth about $1 billion, and is said to be close to finalising a deal.
In Australia, buyers are said to be looking at individual assets, such as the flagship Glen shopping centre in Glen Waverley, Victoria, rather than taking a stake in a portfolio of 25 centres, but keeping Centro as the manager.
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centro hails new chairman of beleaguered board, page-2
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