The Centro Properties Group (ASX:CNP) is seeking more than $60 million for the sale of its Perth City Central shopping and office complex.
The complex was first put on the market three years ago for $80 million, after it was purchased in 2006 for $71.3 million.
Today's Australian Financial Review says the estimated net fully leased income is $5.8 million.
Centro shareholders are soon due to meet to vote to merge the company’s $7 billion worth of local assets into a new real estate investment trust.
Centro Properties Group (ASX:CNP) reported a profit of $2.8 billion for the six months to June.
