| From Todayonline.com: Australia's Centro Properties Group has received A$13.5 billion ($17.6 billion) worth of indicative bids for its shopping malls, including from the Government of Singapore Investment Corp (GIC), local media reported yesterday, as the rare distressed opportunity whetted the appetite of investors angling for the country's healthy market.
Among the other interested buyers for some or all of Centro's assets are Westfield, Lend Lease's Australian Prime Property Fund, CFS Retail Trust and Queensland Investment Corp, the Sydney Morning Herald said yesterday without citing its sources..............................................Full Article: Source
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