Swiss Life Asset Managers and its wholly owned subsidiary Mayfair Capital have acquired their first residential investment in the United Kingdom. Duet in Manchester has been purchased for £73.85 million (€87.66 million/$tk million) on behalf of an open-ended fund distributed exclusively by DEKA Immobilien in Germany. The seller was Moorfield Real Estate Fund IV managed by Moorfield Group.
Duet, developed and operated by the Moorfield Group under its More brand, was opened in 2019 and comprises 270 high-quality one-, two- and three-room apartments. Residents have a range of amenities, including a gym, private work rooms, meeting room, waterfront garden, 24-hour concierge service, secure parking and bicycle storage. The development is also pet friendly. Duet has the highest satisfaction rating of all rental apartments in Manchester on Home Views, a platform for reviewing real estate.
Located in Salford Quays, 15 minutes from Manchester city center, Duet is close to
