Here it is, make of what you will.CapitaLand May Buy Centro's...

Here it is, make of what you will.

CapitaLand May Buy Centro's Wholesale Fund, Australian Says

By Gemma Daley

Jan. 31 (Bloomberg) -- CapitaLand Ltd., Singapore's biggest retail property owner, is interested in buying the A$2 billion ($1.8 billion) Centro Australia Wholesale Fund, the Australian newspaper reported, citing people in the industry.

Centro, which said on Dec. 17 that it was unable to refinance A$3.9 billion of debt, opened an Internet data trading room on Jan. 29, the newspaper reported.

Centro's Australia Wholesale fund in which CapitaLand is interested owns 25 Australian shopping malls, the newspaper said.

Other potential suitors include Australia's Industry Superannuation Property Trust, Colonial First State, Stockland, Westfield Group, Mirvac Group Ltd. and GPT Group, the newspaper said.

To contact the reporter on this story: Gemma Daley in Canberra at [email protected]