Greystar (International) has acquired a portfolio of three student residences from Merkel Asset Management, strengthening its position in Spain's growing PBSA market.
Target Information
Greystar (International) has successfully acquired a portfolio of three student residences from Merkel Asset Management, marking a significant strategic move in the property sector. This portfolio includes accommodations in Sabadell, Pamplona, and Seville, totaling over 1,200 student beds designed to cater to the growing demand for purpose-built student accommodation (PBSA) in Spain.
The acquisition enhances Greystar's footprint in the PBSA market, positioning the company to meet the increasing needs of students seeking quality housing in these key Spanish cities.
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Industry Overview
The Spanish market for student accommodation has been experiencing substantial growth, driven by the rising number of international students and a growing domestic student pop
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