Centro Property Group The Melbourne-based property group is seeking buyers for assets after negotiating a standstill agreement with its financiers. Banker: Lazard Carnegie Wylie for Centro Property, Rothschild for Centro Retail, Legal: Freehills Potential bidders:ISPT, Westfield, Stockland, Mirvac, Capitaland, Mulpha and other property investors. Likely sale price: Up to $25 billion of property assets potentially for sale Update: Data room for offers for Centro itself or its interest in two property funds opened on Jan 29, standstill agreement with banks expires on February 15.
CNP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held