METROSPACES INCREASES ITS ASSETS UNDER MANAGEMENT THANKS TO THE ACQUISITION OF INDIANAPOLIS


Metrospaces, Inc.

NEW YORK, NY, May 31, 2022 (GLOBE NEWSWIRE) — MetroSpaces, Inc. (Pink OTC: MSPC) (“Metrospaces” or the “Company”), a leading PropTech company, combining a world-class real estate development organization seeking to reinvent the real estate industry using artificial intelligence (“AI”), Blockchain and d ‘other technologies, announced the increase of its assets under management with the purchase of Indianapolis real estate.

The company today announced the acquisition of ten single-family homes, adding to the initial two properties acquired in November 2021. The additional units located in Indianapolis, Indiana will be part of the Metrohouse platform focused on the development of cohabitation spaces in secondary cities and “digital nomad” destinations.

Metrohouse’s primary focus is the tenant experience, offering unparalleled turnkey service for one low monthly fee. The service includes modern furnished units with private bedrooms, shared spaces for tenant socialization and an exceptional user experience.

Mr. Oscar Brito, CEO of Metrospaces, announced its intention to launch in the second quarter of 2022 thirty units available for rental. Subsequent market launches over the next few quarters are expected to include between 120 and 150 total units for lease.

Metrohouse’s technology platform enables landlords and investors to transform their property into cohousing facilities, through the use of artificial intelligence (AI), blockchain and other technologies that facilitate management and administration. improved end-to-end, increased transparency and increased security in property rental transactions.

About Metrospaces: MetroSpaces is a PropTech company, combining world-class real estate development with cutting-edge technology. Our particular focus on harnessing new technologies in this space is forging a transformative business of unique value. MetroSpaces seeks to reinvent the real estate industry through innovative IT solutions that solve a wide range of problems in this space. Their products and services use AI, blockchain, and other advanced technologies to facilitate improved end-to-end management and administration, increased transparency, and increased security ownership transactions. The company’s token offerings plan to democratize capital markets by expanding real estate ownership opportunities for retail investors, while increasing its access to liquidity.

Legal Disclaimer: Metrospaces Inc. has filed an offering statement on Form 1-A with the Securities and Exchange Commission. As of the date of this press release, the offering statement has not been qualified by the Commission and there can be no assurance when or if it will be. This press release is not a solicitation, express or implied, of an investment in Metrospaces for money or any other consideration and none will be accepted. In addition, no offers to purchase securities of Metrospaces will be accepted and no funds may be received until the offering statement has been qualified. Offers to purchase securities of Metrospaces will only be made by an offering circular that follows the qualification of Metrospaces’ offering statement on Form 1-A and the qualification of such an offer as possible in certain states.

Safe Harbor Statement: The statements contained in this press release may be “forward-looking statements”. Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions, or other statements regarding our future business or other future events or conditions. These statements are based on current expectations, estimates and projections about our business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual results could and do differ materially from what is expressed or anticipated in the forward-looking statements due to numerous factors. All forward-looking statements speak only as of the date of this press release, and Metrospaces Inc. undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date of this press release.

Metrospaces Inc. IR Contact:
[email protected]

Source:
Metrospaces, Inc.
https://metrospaces.com/

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