Business

Centro

Centro Retail appoints Tsenin as CEO

Centro Retail Trust (CER) has appointed Robert Tsenin as its new chief executive, following the departure of Glenn Rufrano.

New chief gets Centro split rolling

Carolyn Cummins Centro Retail Trust has caused a flurry of interest with the appointment of Robert Tsenin as its new chief executive.

Centro Retail swings to profit

Centro Retail Group has swung to a half year profit as a result of a slow down in property valuation declines and advantageous foreign exchange movements.

Centro Retail swings to H1 profit

Centro Retail Group has swung to a half year profit as a result of a slow down in property valuation declines and advantageous foreign exchange movements.

Centro posts smaller loss

Centro Properties Group has narrowed its first half net loss to $63.2 million after lower property devaluations and a stronger Australian dollar.

Centro posts smaller H1 loss

Centro Properties Group has narrowed its first half net loss to $63.2 million after lower property devaluations and a stronger Australian dollar.

Property fall slows, cuts Centro loss

Nichola Saminather Centro Properties Group, the Australian developer restructuring its business, said its first-half loss narrowed after declines in property values slowed.

Centro appoints Robert Tsenin chief

Centro Properties Group has appointed Robert Tsenin as the new group chief to replace Glenn Rufrano.

Centro appoints new chief executive

Centro Properties Group has appointed Robert Tsenin as the new group chief to replace Glenn Rufrano.

New Centro chief upbeat

Robert Tsenin of Lend Lease

Marika Dobbin The new head of Centro Properties Group expects the plummeting value of its US assets to hit bottom and stabilise this year.

Centro extends $370 million loan

Centro

Centro Properties Group says noteholders have agreed to extend five loans worth $370 million due to mature this month.

Centro extends loans worth $370 million

Centro Properties Group says noteholders have agreed to extend five loans worth $370 million due to mature this month.

Centro extends loans again to stay afloat

Carolyn Cummins Commercial Property Editor TWO years and two days after its spectacular implosion sent the Australian property market into a meltdown, Centro Properties and its satellite Centro Retail have negotiated another round of loan...

Centro arms appoint restructure advisers

Centro Properties Group and Centro Retail Trust have appointed advisers to assess options to restructure the companies and restore value for investors.

Centro names business advisers

Nichola Saminather Centro Properties Group appoints consultants to advise on a corporate restructure after its assets shrank by $5.7 billion in the first half of 2009.

Centro directors on notice

Ian McIlwraith and Eric Johnston Court action by ASIC against eight former and current directors and executives of Centro is expected to put officers of several failed companies on notice.

ASIC takes Centro directors to court

Alison Bell The corporate watchdog has commenced legal action against Centro Group for allegedly falsely stating liabilities in the 2007 financial accounts.

Duty breach claim: ASIC targets Centro

ASIC

Ian McIlwraith Corporate watchdog launches legal action against directors and executives of companies in the group over false accounts claim, pulling securities down.

Centro expects 20% profit fall

Centro Retail Trust says it expects annual underlying profit to fall by 20 per cent in 2009/10 and net cash flow to be 15 per cent lower.

Centro Retail Trust flags 20% profit drop in 2010

Centro

Centro Retail Trust says it expects annual underlying profit to fall by 20 per cent in 2009-10 and net cash flow to be 15 per cent lower.