Greenford Quay – UK Purpose-Built Rental Housing Development ~2,000 Units
The Greenford Quay development will be a vibrant mixed-use and well-managed neighborhood on the banks of the historic Grand Union canal. Greystar acquired the former GlaxoSmithKline and Sunblest Bakery sites in January 2016, and has consulted extensively with Ealing Council, the Greater London Authority, local businesses, residents, and other stakeholders to develop proposals for modern canal-side living in the heart of Greenford — and bring the currently derelict 20.3-acre site back to life.
With approximately 185,000 sf of lettable commercial space and copious community floor space, the development will also create a wealth of new amenities for residents and the local community, including shops, a supermarket, restaurants, cafes, offices, open spaces, and new connections through Greenford, including the reopening of Berkeley Avenue and a new pedestrian bridge over the Grand Union Canal. The proposals also include a new two form entry Primary School and accommodation for a new on-site healthcare facility.
101 George Street, Croydon
UK Purpose-Built Rental Housing Development
Development of the world’s tallest modular towers in the center of Croydon.
101 George Street is a residential development in Croydon, one of the largest commercial districts outside central London, with an extensive shopping district and night-time economy. Directly opposite of East Croydon train station, the asset is well connected, with rapid links to central London, Gatwick, and the South East Coast of the United Kingdom.
On completion, the building will comprise two of the world’s tallest modular towers. At 44 and 38 stories, the towers will have 546 units of purpose-built rental units with a rich amenity package. The towers will be developed using modular construction, a method providing a much faster alternative to traditional construction without compromising the quality of the building or the versatility of the design. Modules are constructed offsite to ensure a higher quality finish, with 80 percent less waste, fewer onsite workers, and greater cost and time certainty. The total build time for the project will take just 24 months, from construction starting to residents moving in to their new homes.
The project will be completed by 2020.
OurCampus Amsterdam Diemen
Student campus just outside the center of Amsterdam
Largest student housing transformation in Amsterdam metropolitan area.
OurCampus Amsterdam Diemen is a student campus just outside the center of Amsterdam, ideally located next to Diemen Zuid train and metro station. The complex spans 5 buildings with 1022 furnished rental studios of an average size of 27m2.
This large scale transformation has been completely re-purposed for student living. On-site facilities and amenities include a supermarket, restaurants & bars, general practitioner, dentist, hairdresser & beauty salon, bike shop, fitness, dance studio, study spaces, offices and co-working, lounges, launderette, garden, parking, 24/7 security and more.
A dedicated local on-site property team manage the service desk and organise community events on a frequent basis.
OurDomain Amsterdam Diemen
Long-term and short-term accommodation for young professionals
Co-living development for young professionals.
OurDomain Amsterdam Diemen was developed by Greystar and delivered in 2019. The complex consists of 2 connected buildings featuring 696 studios and apartments ranging 22-50 sqm. This co-living concept is targeting young professionals and offers extensive shared facilities such as: lounges, games room, cinema, kitchen clubroom, courtyard gardens, rooftop terrace, co-working spaces, parking garage, electric car sharing and more. About 30% of the units are fully furnished and available for short stay.
The residents benefit from all commercial facilities that are available at the adjoining student campus (including restaurants/bars, supermarket. medical centre and gym).
OurDomain Amsterdam South East
Netherlands Multifamily Development
Largest residential construction project in Amsterdam.
Greystar was approached in 2015 about the opportunity to build three residential complexes (NLA of over 56.000 sqm) on two inter-connected land plots. The site is located in the South East of Amsterdam/Amstel III, close to the Amsterdam University Medical Center with a working population of 30,000 employees as well as two universities combining 11,000+ students. The location benefits from a train & metro station opposite the asset.
A total of 1554 residential units will be delivered in Q3 2020 and Q2 2021, including a public accessible park, parking garage, supermarket, restaurant, retail and gym. The complex will be branded OurDomain Amsterdam South East.
This asset is targeting students, young professionals, friends and couples. 955 studios will be completely furnished. On-site facilities include lounges, screening room, terraces, music room, launderette and electric car sharing.
OurDomain Rotterdam Blaak
Netherlands Multifamily and Student Development
Development of fully amenitized housing in prime location in Rotterdam.
OurDomain Rotterdam Blaak is a turnkey development opportunity of fully amenitized residential project for young professionals and students in the prime downtown location of Rotterdam.
The asset is strategically located in the center of the “Rotterdam Knowledge Axe” on the banks of the river Maas, in a popular central location with upmarket shops and the famous “Markthallen”, a café, bar and food market. The location also benefits from an ideal infrastructure, with the metro, tram and train station Blaak stopping in front of the asset.
Expectations of increasing student numbers, coupled with a lack of higher-quality housing options in this segment, represent an opportunity for Greystar to build one of the first prime student and young professionals housing products in Rotterdam, the third largest student city in the Netherlands.
Greystar was able to revise and optimize the initial floorplans to create additional square meters of rentable space. The project has residential zoning and will offer 612 units on 24 floors, part of which will be for short stay and the majority for extended stay units. The assets will have 20,580 sqm of residential and 547sqm of commercial NLA.
The project will be completed in Q2 2021.
MB275 The Hague
Accommodation for students and young professionals in The Hague
Transformation to co-living complex in The Hague.
In Q4 2019, Greystar acquired MB275 in The Hague for its European open-end fund. This former elderly home was already being transformed into 234 regulated studio and 1-bedroom apartments for students and young professionals. Greystar will finalise the transformation by furnishing all units and creating attractive co-living facilities such as: service desk, security service, parcel service, gym, rooftop terrace, bbq-garden, car and bike parking and electric car sharing. The property features commercial tenants including a general practitioner and a pharmacy.
Spain Student Housing ~9,300 beds
Largest student platform in Spain with more than 9,000 units, providing Greystar with immediate access and scale to the Iberian Peninsula
The 2017 acquisition of Spain’s largest student housing portfolio and operating platform, together with JV partners AXA Investment Managers and CBRE Global Investment Partners, gave Greystar immediate access and scale in a new market, significant deal pipeline, and the in-place Resa brand. It is an example of the company’s European growth strategy of purchasing well-established businesses or portfolios.
Resa, Spain’s market leader in student accommodation, has 33 locations in 19 Spanish cities, including Madrid and Barcelona, and an additional four assets under construction.
High-rise residential development in prime location
DC III marks the first investment for the partnership between Greystar and Partners Group, which is acting on behalf of its clients. The DC Tower III (DC III) project, will be approximately 900-apartment rental residential and student housing development in Vienna, Austria.
Germany and Austria
Mark has a wealth of experience in the management of multidisciplinary teams to deliver successful residential ventures. Prior to joining Greystar in 2014, Mark was Group Executive Commercial Director of Thames Valley Housing (TVH) where he was responsible for originating and managing the company’s join venture vehicles. He was also a founding director of Fizzy Living, the sovereign wealth fund-backed multifamily subsidiary of TVH.
Finsbury Circus, London EC2M 7EB Send Email
Angela has gained extensive experience in both private and listed property companies in the US and Europe. Prior to joining Greystar in 2016, she was Group Financial Controller of listed REIT Primary Health Properties Plc where she oversaw the finance function for their £1.5bn portfolio. She previously spent ten years working in the real estate practice at PwC.
Angela is a mentor for the CREW/LIRE and participates in various industry panels.
Angela is a Certified Public Accountant (CPA) and holds a Bachelor of Arts in Business Administration with an emphasis in accounting from California State University.
Paris, 75008 Send Email
Hideki Kurata is a Managing Director and leads the Greystar business in France. As part of the European management team, he is responsible for the overall management of the French business including investment strategy, capital relationships, acquisitions and dispositions. The focus is on multifamily housing and purpose-built student accommodation strategies in Paris and other key regional cities in France.
Prior to joining Greystar in 2018, Hideki was member of the executive committee in charge of alternative investments and special situations at AXA Investment Managers – Real Assets where he focused on student housing, data centres, hotels and healthcare including participating in and growing operating companies. He has over 20 years of experience in financial services and real estate and has previously held positions at GE Capital, JP Morgan and BNP Paribas.
Hideki is a member of GRI France and is a regular speaker at industry conferences and events. He holds a master’s degree in economics from Paris X University, is a graduate of ESCP Business School and holds an MBA from INSEAD.
60311 Frankfurt am Main, Germany Send Email
Prior to moving to Frankfurt in 2018, Thomas was based in the London office where he worked as part of the European investment team driving Greystar’s expansion across the region. He has previously held positions at Oceans & Company, an asset management and investment advisory firm, where he specialised in institutional grade commercial properties and KPMG where he was part of the corporate finance team focused on capital advisory, mergers and acquisitions, and valuations across Europe.
Thomas is a visiting lecturer on real estate private equity at EBS Business School in Oestrich-Winkel, Germany and a member of the Urban Land Institute. He received his Master of Science degree in finance at Free University Berlin, Germany, and Lund University, Sweden, and has an executive program certification from INSEAD, France.
Dublin, D01 E9W3 Send Email
Prior to joining Greystar in 2019, Claire was Head of Property at Aviva Ireland where she managed property funds of over €600m in Ireland and the UK. She was responsible for strategy formulation and acquisitions, disposals and developments within its extensive property portfolio. Claire was previously Head of Estates Management at ESB Ireland, which is the largest landowner in the country.
Claire is an active Fellow of the Society of Chartered Surveyors Ireland (SCSI), which represents over 6,000 members, and was the youngest person to be elected to the role of President in 2016. She is also a Fellow of the Royal Institute of Chartered Surveyors (RICS) where she is a member of the Sustainability Committee. She is currently a non-executive board member of state-owned Home Building Finance Ireland.
Claire has a first-class honours degree in Property Economics from Technological University Dublin (TUD) and a Bachelor of Science from Trinity College Dublin. She also holds certificates in Stock Market Trading and Project Management. She is dual qualified as a chartered planning and development, and a project management surveyor.
The Hague, 2595 DA Send Email
Mark has over 20 years of experience in the European real estate industry. Prior to joining Greystar in 2016, he was an equity partner at real estate consultancy Fakton where he headed the property development practice and was involved in several large-scale projects in key Dutch cities. He was previously development director at independent real estate developer Blauwhoed overseeing office developments.
Mark regularly speaks about residential real estate at various national and international conferences and has authored or contributed to several publications and textbooks on real estate. He received his master’s degree in real estate and housing from the Technical University of Delft in 2000 and his MBA from the Rotterdam School of Management in 2010.
Madrid, 28046 Send Email
Juan is a Managing Director and leads the Greystar business in Spain. He is responsible for the company’s continued expansion across Southern Europe as part of the Greystar Europe management committee and supervises all acquisitions and developments across the region. Juan is also Fund Manager so oversees the management, investment strategy and fund raising for one of Greystar’s flagship European funds.
Prior to joining Greystar in 2017, Juan was director at CBRE Global Investment Partners, the industry leader in the provision of global and regional customised indirect real estate investment solutions, where he was responsible for sourcing, acquisition and portfolio management across Continental Europe. He previously held positions at ING Real Estate in Sydney and PwC in Argentina.
Juan received his bachelor’s degree in Business Administration from the University of Buenos Aires, Argentina, and Master of Science in International Finance from Amsterdam Business School.
Investment Management & Operations
Finsbury Circus, London EC2M 7EB +44 (0)20 3595 3204
London, EC2M 7EB Send Email
Prior to joining Greystar in 2015, Adam was a Corporate Associate at the international law firm Jones Day specialising in transactions in the real estate private equity space.
Adam received a Bachelor of Science in Government from the London School of Economics and a Bachelor of Law from the University of Law, London. Adam is a solicitor and a member of the Law Society of England & Wales.