Centro warns it is unlikely to meet deadline

08/29/2008 | Sydney Morning Herald (Australia), The

Centro Properties Group reported a loss of A$2.1 billion for the year ended June 30, down from net income of A$470 million a year ago. The results prompted Centro to warn it is unlikely to secure an equity investment by a December deadline. The most recent results included a A$1 billion charge related to property revaluations.

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Sydney Morning Herald (Australia), The

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