Property Week

An investment fund managed by Morgan Stanley Real Estate Investing, in partnership with Ridgeback Group, has acquired London and Quadrant Housing Trust's private rented sector business for £1.05bn.

Read Ciaran Nerval's report: https://ow.ly/8JMX50ZcBNk

Morgan Stanley buys L&Q’s PRS arm in landmark £1.05bn deal An investment fund managed by Morgan Stanley Real Estate Investing (MSREI), in partnership with Ridgeback Group, has acquired London and Quadrant Housing Trust's private rented sector (PRS) business for £1.05bn.

International Workspace Group founder and long-time chief executive Mark Dixon is stepping down from the role, with Christian Schmitz stepping in.

Read Jamie Bennett-Ness' report: https://ow.ly/wR9750ZcmQJ

IWG founder Dixon steps into chair role as Schmitz named CEO International Workspace Group (IWG) founder and long-time chief executive Mark Dixon is stepping down from the role, with Christian Schmitz stepping in.