Centro has significantly more than 16 centres in the US, even...

Centro has significantly more than 16 centres in the US, even after the sale of CAF.

This certainly does look like the beginning of something with SuperLLC, the JV between CER and CNP which caused a lot of the problems we currently find ourselves in. If this is the case, it's great news.

With transaction evidence of CAF selling a few weeks back, we might reasonably expect these 16 to go for a similar discount of, say, 10%, which would be US$90m or ~A$100m.

So in summary, Centro currently has the following asset sales underway:

CAF - $815m SOLD
16 from SuperLLC - $100m
4 CAWF properties - $1,200m
Remainder of CAWF - $1,400m

Total $3,515m