Real estate group Greystar has doubled its Spanish purpose-built student accommodation (PBSA) portfolio with the acquisition of two residences from Straco Real Estate.
Greystar said it has acquired the assets located in top-tier university cities Salamanca and Valencia, adding an additional 1,600 beds to its portfolio in Spain, which now totals around 3,000 beds.
The properties will operate under the Canvas brand, Greystar’s pan-European brand for students and young professionals.
Source: realassets.ipe.com on the 27th of March