Inhabeo and KKR completed the acquisition of The Slate Yard from Legal & General.

Inhabeo, an asset management start-up, and KKR, an investment firm, completed the acquisition of The Slate Yard, a residential area and luxury apartments portfolio, from Legal & General, a financial services provider. Financial terms were not disclosed. “Through the acquisition of The Slate Yard, we are pleased to further our presence in Manchester and continue to grow our UK residential portfolio. Catering to one of the UK’s largest and fastest-growing cities, these properties are well placed to meet the growing demand for high-quality, yet affordable, residential real estate,” Mark Ekinde, KKR’s European Real Estate Principal.