Greystar Expands European Platform In France
“I’m excited about bringing to France a new and innovative type of housing product which will redefine the rental experience. There is considerable untapped institutional appetite for a rental platform that is professionally managed with amenities and service at the core of the value proposition. Paris is a location where we can scale and that’s where we’ll be prioritising our efforts – targeting first student accommodation and then the wider rental housing market. Our strategy will allow us to leverage the Grand Paris project, which will transform the Paris metropolitan area and unlock new developments. Outside Paris, in urban conurbations in major cities, there’s a significant population living in rented accommodation. As a result, we see enormous scope for sustained and long-term investment in France”.
• 9,500 operational student accommodation units in Spain
• 6,500 units in operation and under development in the Netherlands
• 800 units under development in Austria
Greystar is a leading, fully integrated real estate company offering expertise in investment management, development and property management of rental housing properties globally. Headquartered in Charleston, South Carolina with offices throughout the United States, Europe, Latin America and Asia-Pacific. Greystar is the largest operator of apartments in the United States, managing over 480,000 units in over 150 markets globally, with an aggregate estimated value of approximately $80 billion. Greystar also has a robust institutional investment management platform dedicated to managing capital on behalf of a global network of institutional investors with over $31 billion in gross assets under management including more than $12 billion of developments that have been completed or are underway. Greystar was founded by Bob Faith in 1993 with the intent to become a provider of world class service in the rental housing real estate business. To learn more about Greystar, visit Greystar.com
Hideki joins Greystar from AXA IM - Real Assets, where he was Head of Real Estate Private Equity. At AXA he was responsible for the continued development of the Data Centre investment program, as well as for the design and implementation of Real Estate Private Equity business strategy. He joined AXA in 2014 to take on the responsibilities of the Alternatives & Special Situations team. His team was responsible for real estate in alternative asset classes such as hotels, healthcare-related properties, data centres, and forestry.
Press contact (UK) for Greystar:
+44 20 8870 0367 or email@example.com
Press contact (US) for Greystar:
Greystar Public Affairs
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