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Home > Company Index > Real Estate > REIT - Retail > Centrefund Realty Corporation

Centrefund Realty Corporation
 PROFILE
Shopping is the center of Centrefund Realty's universe. The real estate firm owns and operates some 70 shopping centers in Canada and the US that have more than 10 million sq. ft. of leasable space. Its properties are concentrated in Alberta and Ontario, Canada. The company seeks for its anchor tenants such "big box" retailers as Toys "R" Us, Barnes & Noble, and Office Place. In addition to its operating portfolio, the firm is developing nearly 20 new properties through its 50.1%-owned subsidiary Centrefund Development Group. The firm is selling its US subsidiary to shopping center REIT Equity One. Israeli real estate investment company Gazit-Globe owns about 70% of Centrefund Realty.

 COMPETITION
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 103.60
1-Yr. Sales Growth: 3.0%

 KEY PEOPLE
• Dori Segal
    CEO
• Frank Bucys
    CFO

 CONTACT INFO
BCE Place, Canada Trust Tower
Toronto Ontario M5J 2S1, Canada
Phone: 1-416-504-4114
Fax: 1-416-941-1655
Online: Web Site

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