Metro increases stake in UK-based Fairbriar Real Estate from 25% to 50% for $31 mil

Sun Capital Assets, a wholly owned subsidiary of Singapore-listed Metro Holdings Limited (Metro), has entered into a sale and purchase agreement with UK-based property developer Scarborough Group International to acquire an additional 25% stake in Fairbriar Real Estate Limited (Fairbriar) for £18.0 million ($31.0 million). The investment was funded through a combination of internal cash […]