Metricon

2022 - 7 - 8

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Image courtesy of "NEWS.com.au"

Metricon's $65m sell-off amid collapse crisis (NEWS.com.au)

Struggling construction titan Metricon has listed more than 50 display homes for sale as collapse fears continue to grow.

The majority of the displays will continue to be leased by Metricon.” In total, the homes for sale are worth around $65 million, with the homes – ranging in price from $650,000 to $3.2 million – all being listed within the last two weeks. Embattled construction giant Metricon has quietly put dozens of display homes worth tens of millions on the market as fears for its future mount.

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Image courtesy of "SmartCompany.com.au"

Metricon lists $65 million worth of property amid tumultuous time for ... (SmartCompany.com.au)

At least 56 display homes were listed by Metricon in the last two weeks, from a $650000 home in regional Victoria to a $3.2 million property in Melbourne.

The lowest of tactics. You lose friends along the way, it’s sad.” The majority of the displays will continue to be leased by Metricon.” Metricon responded that it would defend the claim, though no hearing date has been set yet. They knew what they were doing,” Salv Barbagallo told Daily Mail Australia. “They treated us like criminals on our own site.

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