Centro Shopping America Trust

Centro Properties Group

Type	Public (ASX: CNP)
Industry	Property Development, Property Management
Founded	February 18, 1985 (1985-02-18) (as Jennings Properties Limited)
Headquarters	Melbourne, Australia
Area served	Australia New Zealand USA
Key people	Glenn Rufrano (CEO) Mark Wilson (CIO) Graham Terry (COO)
Products	Centro Retail Trust Centro Watt Trust Centro MCS Syndicates Centro Direct Property Fund Centro Direct Property Fund International Centro Wholesale Funds
Services	Property Development and Management
Profit	$469.72 million (2006-07)
Total assets	A$30.9 billion
Employees	~ 900+ (within Australia) [1]
Website	www.centro.com.au

Centro Shopping America Trust (formally Galileo Shopping America Trust) is an investment product part of Centro Properties Group that acquires shopping centres all around the United States. It was acquired by Centro Properties Group in May 2007 from Galileo Proerty Trust Group (ASX: CSF)^[2]. In October 2007, Centro Shopping America Trust successfully merged with Centro Retail Trust (CER) and was subsequently delisted from the Australian Securities Exchange. Centro Retail Trust is an Australian Securities Exchange (“ASX”) Listed Property Trust managed by Centro Properties Group (“Centro”). Listed in August 2005, CER offers investors an income return with exposure to quality Australian, New Zealand and United States of America shopping centres. Centro Retail Trusts's portfolio is valued at approximately $8.31 billion (2007). Centro Retail's investment philosophy is to provide investors with access to pure retail property ownership. Click for more information on Centro Retail Trust

References

1. ^ Employment Opportunities - Centro Properties Group
2. ^ http://www.galileofunds.com.au/USA/index.html

External links

• Galileo Funds
• ICSC SCT Newswire
• “International LPTS: Introduction and Literature Review” (PDF file)
• Morrison Foerster: Attorney for Galileo
• Australian Stock Exchange
• Story about Galileo
• Yahoo Australia profile on Galileo