Macquarie trust loses CEO

Macquarie DDR Management Limited, which manages the publicly-listed Macquarie DDR Trust, has confirmed it is in the market for a new chief executive following the resignation of Nick Ridgewell.

The company announced that Ridgewell had resigned his position effective from Friday week, November 9, “to pursue an opportunity outside of the Macquarie Group in Asia”.

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It said that until a replacement was appointed, the management team of the Macquarie DDR Trust would report to the co-head of Macquarie Real Estate Capital, Simon Jones.

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