EU Commission clears acquisition of YES Communities by Brookfield and GIC Realty

Brussels, 28 January 2026The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of YES Communities LLC of the US by Brookfield Corporation (‘Brookfield’) of Canada and GIC (Realty) Private Limited (‘GIC Realty’) of Singapore. The transaction relates primarily to the affordable manufactured housing communities sector. The Commission concluded that the notified transaction would not raise competition concerns, given the limited impact on the European Economic Area. The notified transaction was examined under the simplified merger review procedure. More information is available on the Commission’s competition website, in the public case register under the case number M.11277.