CRF
Stock Code
Stock Exchange
Centro Retail Australia (CRF) is a listed Australian Real Estate Investment Trust (A-REIT). Centro Retail is a fully vertically integrated A-REIT specialising in the ownership and management of Australian shopping centres, with: $6.6 billion of shopping centres under management as at 30 June 2012, including directly owned property investments totaling approximately $3.8 billion. The company has a total equity of $3.35 billion as at 31 December 2011. Investors can trade Centro Retail Australia shares on the Australian Stock Exchange (ASX) stockmarket.
As the retail sector faced a downgrade during the holiday season, new Centro Retail Australia (CRF) Chief Executive Steven Sewell that its supermarket tenants can help in facing the trading conditions that the retail sector is suffering from. According to Sewell, Centro's majority centres having supermarkets as tenants will be enough to provide foundation for its future.
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