Just in case you hadn't reviewed St G half yearlies ..this was included in their presentation
Exposures to individual entities
Centro Property Group • St.George has a total exposure of $458m to various Centro Property Group entities • St.George has no unsecured exposure to Centro Property Group entities, including Centro Property Group Ltd • All are fully secured, with LVRs between 40%-70%, by direct first mortgages over portfolios of Australian and New Zealand shopping centres • These loans are all performing
The latter note is the of particular note - if ST G's loan is performing you can bet all the others are - hence expected positive news ...
PT
CNP Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
