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 .  

Daniel Gliksman, managing director at QuadReal Property, said: â€œAs 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.�

To read the latest Âé¶¹Ó³»­ Real Assets magazine click here.