new article

New art. in bus.spectator Has anyone seen this.
Apr.29th 7.21am

There is some good news for investors in Centro Properties Group. On 28 April 2008, Centro said that almost all investors in Centro Properties' managed syndicates will receive their full forecast distributions for the March 2008 quarter. Centro's syndicates have $A8.5 billion in assets under management and some 16,500 retail investors. It is expected that Centro's Australian lenders will soon announce that they will give the group another extension of finances until September 2008. Gerard Condon, of Centro, said that the underlying property assets are performing solidly and provide strong returns to investors


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