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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
Blackstone buys Centro's U.S. malls for $9.4 billion
Centro sells US malls for $9.2bn as Blackstone deal revives group
Who is Blackstone
http://www.blackstone.com/cps/rde/xch...