CER 0.00% 32.0¢ centro retail group

cer completes 28.6m of us asset sales

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    CER Completes US$28.6 Million of US Asset Sales
    Centro Retail Trust (CER) announced today that it has completed the sale of four assets in the
    United States as follows:

    Property Name1 Location
    Greenport Towne Center Hudson, New York
    Garden City Plaza Garden City, Kansas
    Chestnut Hills Murray, Kentucky
    Ladera Albuquerque, New Mexico
    1For all assets listed, 95% of asset held by CER outside of Super LLC with remaining 5% ownership
    interest of asset held by Centro Properties Group (CNP) within Super LLC.

    The aggregate sale amount for these assets was US$28.6 million with CER’s share being
    US$27.2 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 Australia and the US. CER’s portfolio is
    comprised of 30 assets in five Australian states and 394 assets in 38 US states. For more
    information, please visit the CER website at www.centro.com.au/centroretailtrust.
 
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