Kramont Realty Trust - KRT- Profile

Kramont Realty Trust. The Group's principal activity is that of a real estate investment trust. The Group qualifies as a real estate investment trust under sections 856-860 of the Internal Revenue Code, as amended. The Group owns, acquires, redevelops, leases and manages community and neighborhood shopping centers. As of 31-Dec-2004, the Group directly or indirectly owns 83 community shopping centers and two office buildings in 16 states. The Group also manages 3 shopping centers for third parties. The Group operates solely in the United States of America. On 15-Mar-2004, the Group disposed a shopping center in Capitol Heights, Maryland. On 14-Apr-2005, The Group merged into CWAR OP Merger Sub III Trust is wholly owned by Centro Watt America III LP., a Delaware limited partnership owned by subsidiaries of Centro Properties Group. Owns, acquires, redevelops, leases and manages community and neighborhood shopping centers