In Australia, Metro, together with its joint venture (JV) partner, Sim Lian Group, acquired a neighbourhood retail centre, Shepparton Marketplace, in the state of Victoria. The retail centre was acquired for a total consideration of A$92.0 million ($85.7 million). The acquisition was legally completed on Sept 30.
Mainboard-listed Metro Holdings has made several acquisitions in Australia, the UK and Singapore, deepening its presence in these markets.
Acquisition of 17th property in Victoria, Australia
