{"id":118369,"date":"2020-08-26T02:54:41","date_gmt":"2020-08-25T19:54:41","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/revenue-up-but-pandemic-drives-metlifecare-property-values-down-to-report-33-7m-net-loss\/"},"modified":"2020-08-26T05:04:47","modified_gmt":"2020-08-25T22:04:47","slug":"revenue-up-but-pandemic-drives-metlifecare-property-values-down-to-report-33-7m-net-loss","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/revenue-up-but-pandemic-drives-metlifecare-property-values-down-to-report-33-7m-net-loss\/","title":{"rendered":"Revenue up but pandemic drives Metlifecare property values down to report $33.7m net loss"},"content":{"rendered":"


\nProperty revaluations reflecting valuer caution due to Covid-19’s economic impact drove Metlifecare to report a bottom-line loss of $33.7 million for the June year, compared to a $51.2m profit in 2019.The listed retirement business…
\n
\nSource : nzherald.co.nz\/Property
\nRead more…Revenue up but pandemic drives Metlifecare property values down to report .7m net loss<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Property revaluations reflecting valuer caution due to Covid-19’s economic impact drove Metlifecare to report a...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-118369","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-uNb","jetpack-related-posts":[{"id":121595,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/metlifecare-makes-304-4m-net-profit-in-turnaround-after-loss-plans-new-150m-village\/","url_meta":{"origin":118369,"position":0},"title":"Metlifecare makes $304.4m net profit in turnaround after loss, plans new $150m village","date":"August 23, 2021","format":false,"excerpt":"\r Delisted retirement giant Metlifecare has made a big profit turnaround due to revaluations and bought a 20ha site at Clevedon where the $4 billion business plans a $150 million village.Earl Gasparich, who replaced Glen Sowry as...\r \r Source : nzherald.co.nz\/Property\r Read more...Metlifecare makes 4.4m net profit in turnaround after\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172458,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/metlifecare-revenue-up-profit-drops-34-from-lower-revaluations-rising-employee-property-expenses\/","url_meta":{"origin":118369,"position":1},"title":"Metlifecare revenue up, profit drops 34% from lower revaluations, rising employee, property expenses","date":"August 28, 2026","format":false,"excerpt":"\r Company has 38 properties where 7600 people live and 2500 staff work, building more.\r \r Source : nzherald.co.nz\/Property\r Read more...Metlifecare revenue up, profit drops 34% from lower revaluations, rising employee, property expenses","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":96717,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/metlifecare-profit-halves-as-property-value-growth-slows\/","url_meta":{"origin":118369,"position":2},"title":"Metlifecare profit halves as property value growth slows","date":"August 27, 2018","format":false,"excerpt":"\r Retirement giant Metlifecare halved bottom-line profit from $251.5 million net profit after tax last year to $125.1m this year, although revenue rose from $109.1m to $115.3 m and other financial measures pointed to a good performance.Announcing...\r \r Source : nzherald.co.nz\/Property\r Read more...Metlifecare profit halves as property value growth slows","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":96713,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/metlifecare-halves-bottom-line-result-property-value-rise-slows\/","url_meta":{"origin":118369,"position":3},"title":"Metlifecare halves bottom-line result, property value rise slows","date":"August 27, 2018","format":false,"excerpt":"\r Retirement giant Metlifecare halved bottom-line profit from $251.5 million net profit after tax last year to $125.1million this year, although revenue rose from $109.1m to $115.3 m.Announcing the full-year result to June 30, 2018,...\r \r Source : nzherald.co.nz\/Property\r Read more...Metlifecare halves bottom-line result, property value rise slows","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":43105,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/metlifecare-faces-22m-leak-bill-is-it-enough\/","url_meta":{"origin":118369,"position":4},"title":"Metlifecare faces $22m leak bill: is it enough?","date":"February 7, 2017","format":false,"excerpt":"\r New Zealand's second-biggest listed retirement village owner and operator, Metlifecare, has set aside $22 million to fix weathertightness issues but one analyst has asked if that will be enough for the business.Arie Dekker, a Credit...\r \r Source : nzherald.co.nz\/Property\r Read more...Metlifecare faces m leak bill: is it enough?","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":42489,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/metlifecare-hit-by-leaky-building-issues\/","url_meta":{"origin":118369,"position":5},"title":"Metlifecare hit by leaky building issues","date":"February 1, 2017","format":false,"excerpt":"\r NZX-listed retirement giant Metlifecare has been hit by leaky building issues at four villages and is ascertaining if units and buildings in its other 20 villages need fixing.Glen Sowry, chief executive of the company with a $1.1...\r \r Source : nzherald.co.nz\/Property\r Read more...Metlifecare hit by leaky building issues","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/118369"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=118369"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/118369\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=118369"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=118369"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=118369"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}