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Greystar Announces €725M Close For Flagship Pan-European Closed-End Value-Add Residential Strategy

Jun 09, 2021•about 4 years ago
London

Description

Greystar Europe Investment Management B.V. (the "Manager") closed €725 million in equity commitments into its flagship pan-European value-add discretionary vehicle. The vehicle received equity commitments from a diverse group of global institutional investors from Continental Europe, North America and Asia-Pacific including both new and existing Greystar investors. The Manager is a subsidiary of Greystar Real Estate Partners, LLC ("Greystar"), a global leader in the investment, development and management of high-quality rental housing properties.

Company Information

Company

Greystar

Location

London, Ontario, Canada

About

Greystar is a leading, fully integrated real estate company offering expertise in investment management, development, and management of rental housing properties globally. Headquartered in Charleston, South Carolina, Greystar manages and operates over an estimated $220 billion of real estate in more than 200 markets globally including offices throughout the United States, United Kingdom, Europe, South America, and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States, managing more than 740,000 units/beds, and has a robust institutional investment management platform with approximately $41.3 billion of assets under management, including over $19.2 billion of assets under development. Greystar was founded by Bob Faith in 1993 with the intent to become a provider of world-class service in the rental residential real estate business. To learn more, visit www.greystar.com. SOURCE Greystar