Sun Communities Closes $1.03 Billion Sale of UK Park Holidays Business

Sun Communities Inc. (SUI) said on Tuesday, September 22, 2026, that it completed the sale of its UK assets, including Park Holidays, to Panther Bidco Ltd. for approximately $1.03 billion. The real estate investment trust, which owns and operates manufactured housing and recreational vehicle communities, had previously announced the divestiture. The transaction transfers the company's entire UK portfolio to Panther Bidco. The deal marks Sun Communities' exit from the UK market, allowing the REIT to focus on its core U.S. manufactured housing and RV operations. Financial terms were first disclosed when the agreement was announced.