Greystar closes pan-European strategy

Greystar Europe Investment Management closed its flagship closed-end pan-European value-add discretionary vehicle at €725 million ($883 million).

A subsidiary of $220 billion Greystar Real Estate Partners, Greystar Europe is targeting €1 billion of equity commitments and will leverage the firm’s platform across the region to target top cities in the U.K., Netherlands, Spain, Ireland, France, Germany and Austria.

Mark Allnutt, senior managing director – Europe at Greystar

“This opportunity is the culmination of more than seven years of hard work establishing the only vertically integrated pan-European residential platform, which means . . .

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