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Greystar Will Invest €300 Million in Spain This Year

The US firm plans to allocate 100 million euros to the purchase of new assets and 200 million euros to the development of build-to-rent projects.

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The real estate investment and management company Greystar is committed to continuing to grow in Spain, where it plans to invest 300 million euros in 2021, mainly in the development of rental housing. Specifically, the US firm plans to allocate 100 million euros to the purchase of new assets and 200 million euros to the development of build-to-rent projects.

In addition to promoting assets, the company also manages homes. Worldwide, Greystar is currently promoting 15 billion dollars worth of residential projects, mainly build-to-rent operations, according to Juan Acosta, the Director General of Greystar in Spain, in an interview with Expansión.

Read the full article in Spanish.

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