Centro manages both listed and unlisted retail property investments.
Centro's listed property investment products are Centro Properties Group (Centro) and Centro Retail Trust (CER).
Centro is an Australian listed property trust, with $25.6 billion in funds under management across Australasia and the United States. Investors participate through stapled company and trust securities.
CER was listed on the ASX in August 2005 and is a pure listed property trust, comprising $9.9 billion of Australian and US retail properties. CER's investment philosophy is to provide investors with access to pure retail property ownership.
In unlisted funds, Centro's products include 34 direct property syndicates, two diversified direct property funds and two wholesale funds.
Centro MCS Direct Property is Centro's direct property syndicate division and with $7.2 billion in funds under management, is Australia's leading direct property syndicate manager. Centro MCS specialises in both domestic and international shopping centre investment.
Centro's two direct property funds, the Centro Direct Property Fund (DPF) and the Centro Direct Property Fund International (DPFI) invest primarily in Centro syndicates and funds.
Centro's two wholesale funds are Centro Australia Wholesale Fund (CAWF) and the Centro America Fund (CAF). CAWF's portfolio currently comprises interests in 27 Australian shopping centres with an aggregate value of over $2 billion. CAF is Centro's US wholesale fund and with an aggregate value of US$770 million portfolio of 32 retail properties in 15 states.