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Morgan Stanley Leads Acquisition of Metra Living, Adds 3,200 Greater London Rentals
Morgan Stanley Investment Management, through investment funds managed by Morgan Stanley Real Estate Investing (MSREI), alongside Ridgeback Group (Ridgeback), has acquired the Private Rented Sector (PRS) business of London & Quadrant Housing Trust (L&Q), which trades as Metra Living, for a total enterprise value of £1.045 billion (approximately US$1.38 billion). The transaction includes a portfolio ...
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