Centro Retail Trust

Property Portfolio

Centro Retail Trust (CER) currently has an interest in 441 quality shopping centres across Australia and the United States valued at approximately $9.91 billion. The portfolio consists of the following;

  • 50%-100% interest in 30 high quality regional and sub-regional shopping centres in Australia;
  • Interests of between 7% and 19.4% in 93 US shopping centres through investments in Centro MCS 38, Centro MCS 39 and Centro MCS 40 retail property syndicates, and;
  • 48.5%-100% interests in 318 predominantly convenience based centres in the US.

Key CER Statistics Dec 08
Total Property Assets
$9.9b1
Number of Centres
441
Capitalisation Rate - AUS
6.85%
Capitalisation Rate - US
7.55%
Occupancy Rate - Stable AUS
99.7%
Occupancy Rate - Stable US
92.6%
No. of Tenancies
>11,000
No of Retailers
>8,600
GLA (m2)
5,097,135
WALE2 (years) - AUS
5.0
WALE2 (years) - US
5.5

                            1Based on an AUD/USD spot rate of 0.6928
                            2Weighted average lease expiry (by income)


Geographic Diversification by Annual Base Rent (At Dec 2008)


Top 10 Properties by Annual Base Rent (At Dec 2008):

Top 10 Retailers by Annual Base Rent (At Dec 2008):


Please select the links below for more information on each featured shopping centre.

Shopping Centres


Australian Shopping Centres (50% ownership interest)


Centro Galleria Centro The Glen Centro Colonnades
Centro Toombul Centro Warriewood Centro Cranbourne
Centro Mildura Centro Tweed Centro Taigum
Centro Southport Centro Goulburn Centro Mornington
Centro Springwood Centro Wodonga Centro Westside
Centro Buranda


United States (97% ownership interest)

Village at Newtown Marlton Crossing I & II Bethlehem Square
Whitehall Square Barn Plaza Ocean Heights
Fox Run Bristol Park Groton Square
Village West Perkins Farm Stratford Square
Chesterbrook Village Valley Fair The Shoppes at Valley Forge
Collegetown Shopping Center Village Square Oakdale Village


United States (48.5% ownership interest)

Mira Mesa Mall The Esplanade Shopping Center Gateway Plaza

Puente Hills Towns Center Ocean View Plaza Santa Fe Springs Mall
Country Hills Pacoima Center University Mall
California Oaks Center Lompoc Shopping Center Santa Paula Shopping Center
Felicita Plaza San Bernardino Center Vallejo Corners