CNP 0.00% 4.0¢ cnpr group

News: Centro Perth complex for sale

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    The Centro Properties Group (ASX:CNP) is seeking more than $60 million for the sale of its Perth City Central shopping and office complex.



    The complex was first put on the market three years ago for $80 million, after it was purchased in 2006 for $71.3 million.



    Today's Australian Financial Review says the estimated net fully leased income is $5.8 million.



    Centro shareholders are soon due to meet to vote to merge the company’s $7 billion worth of local assets into a new real estate investment trust.



    Centro Properties Group (ASX:CNP) reported a profit of $2.8 billion for the six months to June.


 
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