America for sale Hundreds of malls sold as economy fails

submitted by maxplayer on 03/22/14 1

America for sale Hundreds of malls sold as economy fails America for sale Hundreds of malls sold as economy fails In one of the biggest property deals since the start of the global financial crisis, troubled shopping centre owner Centro Properties Group has agreed to sell its 588 US shopping malls to private equity giant Blackstone Group for $US 9.4 billion ($9.2bn). Blackstone buys Centro's U.S. malls for $9.4 billion www.reuters.com/article/2011/03/01/us-centro-deal-idUSTRE71R1AA20110301 Blackstone buys Centro's U.S. malls for $9.4 billion news.yahoo.com/s/nm/20110301/bs_nm/us_centro_deal Centro sells US malls for $9.2bn as Blackstone deal revives group www.theaustralian.com.au/business/property/centro-sells-us-malls-for-92bn-as-blackstone-deal-revives-group/story-e6frg9gx-1226013777025 Who is Blackstone www.blackstone.com/cps/rde/xchg/bxcom/hs/firm.htm

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