Insights > Deals

Packaged Living buys Apo's third‑party operating business

29 October 2026 | Platform acquisition | UK | 1,000 units | Operational

The agreed transfer adds an established management platform managing rental homes in Liverpool, Manchester and London.

Key details

Asset type

Operational

Location

Liverpool, Manchester and London, UK

Capacity

1,000 units

Buyer

Packaged Living

Seller

Apo Group

Value

Undisclosed

Apo's brand, systems and client contracts will transfer to Packaged Living. The business will retain the Apo name and be led by Stewart Moore, former chief executive of CRM Students.

Strategic context

Packaged Living already manages a residential platform covering several rental housing segments, including homes developed with Aviva Investors and its FRESH single‑family strategy with Fiera Real Estate.

The acquisition of Apo adds an established third‑party client base alongside Packaged Living's existing investment and development activities. The transaction also creates opportunities to increase recurring management income and oversee service delivery across a larger portfolio.

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