Announced

Greystar Real Estate to acquire a 55% stake in a portfolio of 2,425 rental housing units in Spain from Vía Célere.

Synopsis

Greystar Real Estate, a rental housing investment, development and management company, agreed to acquire a 55% stake in a portfolio of 2,425 rental housing units in Spain from Vía Célere, a residential property developer. Financial terms were not disclosed. "This transaction is another example of our firm's expertise in evaluating and structuring deals that align with our investment objectives, while also meeting the needs of our partners and clients. By tailoring our investment approach to the specific needs of each opportunity, we are able to structure deals that have the potential to generate superior returns for our investors,” Juan Manuel Acosta, Greystar Spain Managing Director.

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