Centro enjoys slight rise

Wednesday January 2, 2008

Centro Properties securities closed up three cents today as it announced that several groups were interested in its assets.

Centro Properties is Australia's second biggest shopping centre owner behind Westfields and hit the headlines last month when it announced that it had trouble refinancing more than $1 billion worth of debt.

The shopping centre giants shares finished the day at $1.04, a fair way off the $10.02 the shares peaked at last May.


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