Centro Retail Group

Centro Retail Group (CER)

Stock Code

CER

Stock Exchange

ax

Centro Retail Group (CER) is a retail property investment trust. The trust investment portfolio is comprised of a range of properties across Australia and New Zealand. CER also invests in US based real estate investment trusts. CER invests in leading shopping centres also including smaller centres anchored by supermarkets. Centro Retail Group listed on the Australian Stock Exchange on 17 August, 2005. Centro Retail Group (the Group) is comprised of a Company, Centro Retail Limited and a trust, Centro Retail Trust, which are collectively known as CER or the Fund.

Centro Retail Trust Holds a More Peaceful AGM


Centro Retail Group (CER) shareholders today faces a peaceful annual general meeting after a heated incident last week regarding the company's plan to merge with Centro Properties Group (CNP). Many shareholders were not very happy with the agreement that they will have to pay 5.03 per share if the amalgamation plan passes the court.

Centro Asset Sale to Lower Debt


Centro Property Group (ASX:CNP) is looking to sell assets to lower debt. The formal sale process for more than $13bn of the Centro assets was launched by Centro Properties Group yesterday to "test the market" for interest in individual Centro properties and portfolios, or the entire platform. A takeover approach a month ago by Singapore's GIC and a US-based group for the Centro business which includes 700 Australian and US shopping centres valued at $18.6 billion.

Centro Retail Group Dividends

1 September, 2010 - 13:39

Read up on the dividend history for CENTRO RETAIL GROUP. Dividends are a payment declared by a company's board of directors and given to its shareholders from the company's current or retained earnings. Dividends are usually released as cash (cash dividend). Dividends provide an incentive to own shares in the company. Companies are not required to pay dividends. You are eligible to receive CER dividends if you own the CENTRO RETAIL GROUP shares on the ex-dividend date.

Centro Retail Turns Profitable


Centro Retail Group (CER) have seen a loss of $2.06 billion in the same corresponding period last year turn into a profit of $196.68 million this corresponding period of six profits ending December 2009. CEO of Centro Retail Trust, Glenn Rufrano noted that the net profit was boosted by advantageous foreign exchange movements and slower property valuation declines.

Syndicate content

Recommended Websites