QuadReal Property has invested $240m (€219m) to acquire two US manufactured housing communities.
QuadReal said the Colorado assets have expanded its US manufactured housing portfolio, which now exceeds 3,500 pads, following a $330m eight-asset acquisition in November last year.
Daniel Gliksman, managing director at QuadReal Property, said: “As a leading provider of housing globally, QuadReal is committed to expanding its portfolio of quality housing options across a variety of residential types.
“This latest acquisition enhances our growing US manufactured housing portfolio and reflects our strong residential conviction, globally.”
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