Announced
Synopsis
Greystar, an international real estate developer and manager, completed the acquisition of Spanish assets from Bain Capital, a global investment firm. Financial terms were not disclosed. “Madrid, Bilbao and Barcelona are experiencing robust economic growth supported by thriving industry and a steadily increasing population. This has led to significant demand for high-quality rental solutions that offers short-, mid-, and longer-term options catering to the diverse needs of professionals, families, and international students. By pairing an already proven brand concept that is ready for expansion with Greystar’s global expertise, we are accelerating our growth in Spain while creating operational synergies that will deliver an even better living experience for residents,” Rafael Fernandez-Villaverde, Greystar Managing Director – Spain.
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