All properties are located near major university campuses and are designed to meet the needs of today’s students, offering high-quality services and sustainability certifications, including a BREEAM “Very Good” rating.
The transaction, financed by Deutsche Pfandbriefbank (PBB), strengthens Greystar’s position in one of the most promising European markets, as Spain continues to attract significant institutional investment due to favorable fundamentals and growing national and international demand for PBSA (Purpose-Built Student Accommodation).
All residences will operate under Greystar’s pan-European student and young professional brand, Canvas, which was launched in 2021. Leveraging Greystar’s reputation, Canvas is expanding rapidly across Europe and currently includes 26 properties in seven countries, with a total of over 11,700 beds (including those under development).