Buys The Keel at Queens Dock in Liverpool for £46.8m from Moorfield Group. : Barings Real Estate has entered the UK private rented sector (PRS) with the acquisition of a 240 unit multifamily property from Moorfield Group. Barings has bought The Keel at Queens Dock in Liverpool for £46.8m (€52.6m). The investment has been made as part of Barings’ pan European core investment strategy on behalf of institutional investors. The real estate manager said the acquisition also includes an adjacent plot of land which is fully consented for PRS development.