Morgan Stanley Acquires U.K.-Based Metra Living for $1.4 Billion
Morgan Stanley's real estate arm has acquired London-based private rental platform Metra Living in a £1.045 billion ($1.4 billion) deal, expanding its presence into the UK rental market. The acquisition includes property assets, an operational platform, and staff, positioning Morgan Stanley as a landlord to 3,200 households.
Tickers: $MS
Topics: acquisition investment management real estate rental housing