Australia's debt-laden shopping mall owner Centro Properties has agreed to sell its U.S. shopping mall assets to private equity firm Blackstone Group for about $9.4 billion, a source with knowledge of the transaction said Monday. Blackstone beat rival bidders including Morgan Stanley Real State which had teamed up with Starwood Capital Group and New York-based NRDC, the source said. Blackstone agreed to pay book value for the assets which Centro has valued at around $9.4 billion, the source said, confirming media reports.
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