Greystar expands Irish student accommodation portfolio with acquisition of 216-bed property in Dublin

• Company purchased the Church Street property from Valeo Groupe Europe
• Acquisition brings Greystar’s Irish PBSA portfolio to almost 2,000 beds
• Transaction made on behalf of Greystar’s recently closed pan-European residential fund

Dublin, 25 June 2026 – Greystar, a global leader in the investment, development and management of rental housing, has acquired a 216-bed purpose-built student accommodation ("PBSA") property on Church Street in Dublin from Valeo Groupe Europe, a Jersey-based investment firm, adding to its growing Irish PBSA portfolio. The transaction price was not disclosed.

The property is Greystar's third major investment in Ireland's PBSA sector following the acquisition of Point Campus in Dublin in 2024 and the 724-bed Project Galaxy portfolio in Dublin and Galway in 2025. Together, the four properties establish a nationwide portfolio of 1,906 student beds, positioning Greystar among the largest PBSA operators in Ireland.

The transaction was completed on behalf of Greystar Equity Partners Europe II ("GEPE II"), Greystar's recently closed pan-European value-add residential fund. The fund secured more than €2.7 billion of commitments and provides over €6.8 billion of investment capacity to support acquisitions and development across key European residential markets, including Ireland.

Since opening in 2018, the property has operated at or near full occupancy. It will now operate under Canvas, Greystar's pan-European student accommodation brand, joining a portfolio that spans seven countries across Europe. The property offers a range of amenities including a cinema, gym, study room, café, games room, outdoor space and BBQ area.

Church Street is less than ten minutes from the city centre and within walking distance of Trinity College Dublin and TU Dublin's Bolton Street Campus and Grangegorman campuses. Trinity students currently represent the largest share of residents, underlining the property's appeal to students attending some of Ireland's leading higher education institutions.

Claire Solon, Managing Director – Ireland, Greystar, said: "Ireland continues to need more homes and accommodation, and we believe long-term investment has an important role to play in helping meet that demand. As Ireland's population and student numbers continue to grow, there is a clear need for more places for people to live and study.

"We see significant opportunities across both student accommodation and multifamily housing and, with substantial capital available for investment, remain committed to growing our presence in Ireland and providing the homes and accommodation people need.

"Church Street is an excellent addition to our portfolio and reflects our focus on well-located properties that offer residents a great place to live while studying in Dublin."

David Saunders, Managing Director at Valeo Management Europe, commented: “We are delighted to have completed the sale of Church Street to Greystar. The property has consistently performed strongly since opening, and this transaction represents an excellent outcome for Valeo and our investors. We are confident that Greystar is well placed to build on the asset’s success and continue delivering a high-quality living experience for students in Dublin.”
Valeo were advised by JLL.

Alongside its growing student accommodation platform, Greystar has almost 900 multifamily apartments across Dublin, including Griffith Woods, Brickfield Square, and Monkstown. Combined with its student accommodation portfolio, these investments reflect Greystar's long-term commitment to Ireland's living sector.