Blackstone reportedly among bidders for Centro assets

GIC, Centerbridge and Oaktree are also said to be bidding for the assets of the ailing Australian property investment firm.

A host of suitors, which reportedly includes private equity real estate firm The Blackstone Group, have submitted bids for assets owned by Centro Properties, according to various media reports.

The offers come as a debt stabilisation agreement set in 2008 between the ailing shopping centre investor and its creditors nears expiry, the The Financial Times has said.

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