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Metro acquires 17th property in Australia; makes four PBSA acquisitions in the UK

Felicia Tan
Felicia Tan10/3/2022 07:48 PM GMT+08  • 4 min read
Metro acquires 17th property in Australia; makes four PBSA acquisitions in the UK
Iron Bridge Studios, one of the PBSAs acquired in Exeter, UK. Photo: Metro
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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

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.

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