Centro Retail Trust (CER) currently has an interest in 452 quality shopping centres across Australia, New Zealand and the United States valued at approximately $9.6 billion. The portfolio consists of the following;
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50%-100% interest in 31 high quality regional and sub-regional shopping centres in Australia;
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100% interest in 2 quality New Zealand shopping centres
- Interests of between 5.24% and 48.5% in 109 US shopping centres through investments in Centro MCS 38, Centro MCS 39 and Centro MCS 40 retail property syndicates, and;
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50-100% interests in 310 predominantly convenience based centres in the US.
| Key CER Statistics |
December 07 |
| Total Property Assets |
$9.6b |
| Number of Centres |
452 |
| Capitalisation Rate - AUS |
5.95% |
| Capitalisation Rate - US |
6.86% |
| Occupancy Rate - Stable AUS |
99.6% |
| Occupancy Rate - Stable US |
95.3% |
| No. of Tenancies |
>11,000 |
| No of Retailers |
>8,600 |
| GLA (m2) |
5,164 |
| WALE1 (years) - AUS |
5.5 |
| WALE1 (years) - US |
6.2 |
1 Weighted average lease expiry (by income)
Geographic Diversification by Annual Base Rent (At December 2007)
Top 10 Properties by Annual Base Rent (At December 2007):
Top 10 Retailers by Annual Base Rent (At December 2007):
Please select the links below for more information on each featured shopping centre.