Despite the plans to relaunch the collective sale of High Street Centre, it appears that the process is still in the stages of adjustment and preparation. The decision to lower the reserve price to below $700 million is part of the strategy to build consensus among the owners and adapt to current market conditions. However, it seems that the formal notification to the owners regarding the relaunch details, including any new reserve price, may not have been issued yet. The marketing agent, Cushman & Wakefield, is likely working on finalizing the details before informing the owners officially.
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