1/4/2008

Is the debt problem facing retail property owner Centro a sign of things to come? The Australia-based landlord with large U.S. holdings may sell assets, stock, or even the whole company ahead of a debt refinancing deadline next month. Bernard Haddigan, managing director for Marcus & Millichap's National Retail Group, said Centro's rivals seem "fundamentally sound." But some commercial real estate investors are bound to face debt refinancing problems.

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