Welcome!
Home Metro Holdings
Results
Metro reports lower 1HFY2024 earnings, acquires 20% stake in VisionCrest for up to $40 million
Good quality, freehold strata-titled offices near Orchard Road with full floorplates are limited, says Metro
November 14, 2023
Corporate moves
Metro solidifies its position as property investment company; set to expand PBSA portfolio
Metro Holdings plans to grow its PBSA portfolio in the near- to mid-term.
June 15, 2023
Results
Metro Holdings posts 6.1% increase in FY2023 earnings to $25.2 mil
Metro Holdings sees better FY2023 thanks to the recovering retail sector.
May 26, 2023
Results
Metro's net profit falls 35% in FY2022 on impairment loss
Metro Holdings' net profit fell 35% in FY2022 due to an impairment loss of $36.3 million from China
May 27, 2022
M&A
Metro Group signs MOU with Daiwa House Industry for strategic collaboration
Metro Holdings collaborates with Daiwa House Industry by executing a memorandum of understanding (MOU)
January 12, 2022
Investing ideas
REITs seen as sound bets as retailers reinvent themselves for the recovery
What's the best bet to ride on the retail industry recovery?
March 05, 2021
Funds
Boustead Projects establishes Boustead Industrial Fund
Assuming that the proposed transactions had been completed on March 31, 2020, the company's EPS would have been at 45.8 cents.
January 01, 2021
Deals, joint ventures & alliances
Metro forms partnership, establishes fund to grow UK purpose-built student accommodation portfolio
The fund has an initial aggregate committed capital of £60 million ($108 million) upon its first closing.
December 21, 2020
Deals, joint ventures & alliances
Metro disposes 50% stake in PT Metropolitan Retailmart for $25 mil
SINGAPORE (Dec 13): Metro Holdings is selling its entire 50% stake in PT Metropolitan Retailmart (PT MRM) to its JV partner PT Trans Corpora for $25 million.
December 12, 2019
M&A
Metro to invest $89.7 mil for 20% stake in portfolio of 14 Australian properties
SINGAPORE (Nov 8): Metro Holdings is eyeing an entry into Australia’s commercial real estate market with an investment of A$95.8 million ($89.7 million) for the proposed acquisition of a 20% stake in a portfolio of 14 properties.
November 08, 2019