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Brookfield in talks to buy Yes! Communities from Singapore's GIC for $10 billion, FT says
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Brookfield in talks to buy Yes! Communities from Singapore's GIC for $10 billion, FT says
Sep 14, 2025 12:07 PM

Sept 14 (Reuters) - Brookfield Asset Management ( BAM )

is in talks to buy Yes! Communities, a U.S. company that manages

manufactured homes, from Singaporean sovereign wealth fund GIC

for more than $10 billion, the Financial Times said on Sunday,

citing unnamed sources.

Reuters could not immediately verify the report. GIC declined to

comment. Brookfield Asset Management ( BAM ) and Yes! Communities did

not immediately respond to Reuters' requests for comment.

The Canadian asset manager has been negotiating the acquisition

of Yes! Communities for several months and talks are ongoing,

the FT said, citing people who had been briefed on the matter.

While discussions are at an advanced stage, the deal has yet to

be finalised, the report added.

Yes!, which was acquired by GIC in 2016, has also been in

discussions about a potential initial public offering, according

to the FT.

Headquartered in Denver, Yes! Communities manages 213

communities across 18 states, comprising more than 54,500

residential home sites.

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