{"id":172458,"date":"2026-08-28T06:59:17","date_gmt":"2026-08-27T23:59:17","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/metlifecare-revenue-up-profit-drops-34-from-lower-revaluations-rising-employee-property-expenses\/"},"modified":"2026-08-28T07:43:52","modified_gmt":"2026-08-28T00:43:52","slug":"metlifecare-revenue-up-profit-drops-34-from-lower-revaluations-rising-employee-property-expenses","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/metlifecare-revenue-up-profit-drops-34-from-lower-revaluations-rising-employee-property-expenses\/","title":{"rendered":"Metlifecare revenue up, profit drops 34% from lower revaluations, rising employee, property expenses"},"content":{"rendered":"


\nCompany has 38 properties where 7600 people live and 2500 staff work, building more.
\n
\nSource : nzherald.co.nz\/Property
\nRead more…Metlifecare revenue up, profit drops 34% from lower revaluations, rising employee, property expenses<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Company has 38 properties where 7600 people live and 2500 staff work, building more. ...<\/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-172458","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-IRA","jetpack-related-posts":[{"id":110200,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/metlifecare-net-profit-falls-68-as-property-revaluations-rise-at-slower-rate\/","url_meta":{"origin":172458,"position":0},"title":"Metlifecare net profit falls 68% as property revaluations rise at slower rate","date":"August 26, 2019","format":false,"excerpt":"\r The slowing property market hit listed retirement specialist Metlifecare's result with net profit after tax falling 68 per cent from $122.6 million last year to $39.2m.Revenue rose from $114m to $141m but property revaluations hit...\r \r Source : nzherald.co.nz\/Property\r Read more...Metlifecare net profit falls 68% as property revaluations rise\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118369,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/revenue-up-but-pandemic-drives-metlifecare-property-values-down-to-report-33-7m-net-loss\/","url_meta":{"origin":172458,"position":1},"title":"Revenue up but pandemic drives Metlifecare property values down to report $33.7m net loss","date":"August 26, 2020","format":false,"excerpt":"\r Property 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...\r \r Source : nzherald.co.nz\/Property\r Read more...Revenue up but pandemic drives Metlifecare property values down to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"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":172458,"position":2},"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":126758,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/asset-plus-profit-falls-81-per-cent-expenses-up-rent-down-revaluations-negative-tax-bill-up\/","url_meta":{"origin":172458,"position":3},"title":"Asset Plus profit falls 81 per cent: expenses up, rent down, revaluations negative, tax bill up","date":"May 20, 2022","format":false,"excerpt":"\r Falling revaluations and rent, rising expenses, an empty office building and a rising tax bill pushed the Asset Plus full-year profit down by 81 per cent.Net profit after tax fell from $15.95 million in the full year to March 31,...\r \r Source : nzherald.co.nz\/Property\r Read more...Asset Plus profit falls\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":126760,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lower-revaluations-push-oceania-healthcare-profit-down-29-operating-revenue-up\/","url_meta":{"origin":172458,"position":4},"title":"Lower revaluations push Oceania Healthcare profit down 29%, operating revenue up","date":"May 20, 2022","format":false,"excerpt":"\r Less spectacular revaluation gains were partly responsible for pushing Oceania Healthcare's bottom-line profit down 29 per cent but the retirement village business made far higher operating revenue.The $85.7 million net profit after...\r \r Source : nzherald.co.nz\/Property\r Read more...Lower revaluations push Oceania Healthcare profit down 29%, operating revenue up","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119309,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/goodman-property-trust-revenue-up-lower-revaluations-push-down-net-profit\/","url_meta":{"origin":172458,"position":5},"title":"Goodman Property Trust revenue up, lower revaluations push down net profit","date":"November 23, 2020","format":false,"excerpt":"\r Bottom-line profit from $3.3 billion industrial and logistics landlord Goodman Property Trust dropped in the first half of this year compared to last year due to less-spectacular property revaluations.The business made $224.3 million...\r \r Source : nzherald.co.nz\/Property\r Read more...Goodman Property Trust revenue up, lower revaluations push down net profit","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\/172458"}],"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=172458"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/172458\/revisions"}],"predecessor-version":[{"id":172459,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/172458\/revisions\/172459"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=172458"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=172458"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=172458"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}