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Has anyone else seen this, "Centro Properties Group US Names Tiffanie Fisher Chief Financial Officer

NEW YORK, April 30 /PRNewswire/ -- Centro Properties Group US (the "Company") today announced the appointment of Tiffanie M. Fisher, 41, as Executive Vice President, Chief Financial Officer of the Company. As Chief Financial Officer in the United States, Ms. Fisher will be responsible for directing the Company's capital markets, management information systems, financial controls, SEC reporting and compliance activities. Ms. Fisher replaces John Braddon who is returning as planned to his native Australia after serving with the Company for three years in the United States.

Ms. Fisher joins the Company with 17 years of experience in real estate and finance. She most recently worked for Morgan Stanley as an Executive Director of Morgan Stanley Real Estate based in London, where she joined in December 2004. While at Morgan Stanley, Ms. Fisher performed multiple roles for its real estate business including, most recently, a senior investment banker overseeing capital markets and advisory transactions for property companies in Emerging European markets. Prior to this, she was Chief Operating Officer of Morgan Stanley Real Estate in Europe, served as Chief Financial Officer for Morgan Stanley's real estate private equity efforts in the United Kingdom, had financial oversight for its non-performing loan business in Italy and Germany and served on the Board of Directors of Songbird Estates PLC, a publicly listed company which controls Canary Wharf. From August 2002 through November 2004, Ms. Fisher was a Director and Credit Officer at UBS Investment Bank for its Real Estate and Leverage Finance business. From January 2000 through August 2001, she was Vice President of Capital Markets for Vornado Realty Trust. And from July 1994 through January 2000, Ms. Fisher was an investment banker in Real Estate at UBS Investment Bank where, among others, she was responsible for covering all retail real estate companies and successfully advised and raised capital for Simon Property Group, Taubman Centers, Vornado Realty Trust, Urban Shopping Centers and Westfield Shopping Centers.

Michael Carroll, Chief Executive Officer and President of the Company commented, "We are extremely pleased to have a real estate executive of Tiffanie's caliber join our Company. Her experience in originating and executing capital transactions for complicated businesses will be invaluable as we continue to restore the long-term health of our balance sheet. Tiffanie has considerable domestic and international experience with retail property, in recapitalization financings and in complex business reporting. We are confident that her balanced skill set will benefit our Company for the long-term."

Mr. Carroll added, "John has been an integral part of our management team during a challenging period and was instrumental in the Company achieving its two year debt stabilization agreement. We have appreciated his experience, commitment and insight during his tenure in the US."

About Centro Properties Group US

Centro Properties Group US is one of the largest owners of community and neighborhood shopping centers in the US. Its portfolio of more than 620 properties is strategically located across 40 states and aggregates approximately 101 million square feet of gross leasable area. For more information on Centro Properties Group in the US, please visit www.centroprop.com.
Website: http://www.centroprop.com/"