Hedge fund Man Group buys 227 modular homes

Ilke-Brookvale-019 RETOUCHED

World’s largest listed fund manager will buy homes from Ilke in £31m deal

Global hedge fund Man Group is to use modular housing to develop a 227-home site in Grantham, as it furthers its investment in the housing market.

The firm is to buy the 227 factory-built homes from modular manufacturer Ilke, in a £31m deal.

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