Germany Business Services
A New Approach To Rental Housing Investment in Germany
Greystar launched our vertically integrated platform in Germany and Austria to acquire and develop purpose-built student accommodation and rental housing. Since entering the European market in 2013, Greystar has built a significant high-quality rental portfolio by investing in student accommodation and purpose-built rental housing across the continent. Across Europe, the Greystar team has grown to 923 skilled professionals, leading the way in investment management, development and property management of rental housing. The Greystar vertically integrated rental housing platform combines local market expertise with the power of a global investment, development, and property management platform.
The Greystar growth strategy in Germany and Austria is highlighted by our November 2018 acquisition of DC III Tower in Vienna, the second largest German-speaking city and among the fastest growing city populations in the EU. The city is home to the third largest student population in Europe and, moreover, demonstrates a large international exposure. The acquisition emphasizes our commitment to develop best-in-class, professionally managed rental housing across the German-speaking markets to hold and operate long-term. Greystar will continue to leverage its local market expertise and deep industry relationships to identify attractive rental housing investments and management opportunities in Germany and Austria.
The Greystar European growth strategy continues to focus on targeting world-class cities that lack institutionalized purpose-built rental housing and student accommodations. By investing intelligently with a global capital allocation strategy, maintaining our focus on managing and mitigating risk, and a dedicated local operating platform, Greystar aims to maximize investment returns for our investors.
The Greystar growth strategy in Germany and Austria is highlighted by our November 2018 acquisition of DC III Tower in Vienna, the second largest German-speaking city and among the fastest growing city populations in the EU. The city is home to the third largest student population in Europe and, moreover, demonstrates a large international exposure. The acquisition emphasizes our commitment to develop best-in-class, professionally managed rental housing across the German-speaking markets to hold and operate long-term. Greystar will continue to leverage its local market expertise and deep industry relationships to identify attractive rental housing investments and management opportunities in Germany and Austria.
The Greystar European growth strategy continues to focus on targeting world-class cities that lack institutionalized purpose-built rental housing and student accommodations. By investing intelligently with a global capital allocation strategy, maintaining our focus on managing and mitigating risk, and a dedicated local operating platform, Greystar aims to maximize investment returns for our investors.
Investment Management
Greystar is an active investor in Europe’s rental housing sectors, investing on behalf of our global capital partners. Greystar entered continental Europe in 2015 with the purchase of OurCampus Amsterdam Diemen in the Netherlands. This acquisition has provided a platform for further intensive investment in the rental housing market in Europe. Acquiring well-established businesses or portfolios in local markets is core to our European city growth strategy.
Development Services
Greystar searches for the best opportunities for the development and construction of purpose-built rental housing and student accommodation housing in Europe. With over 20 years of development expertise in the asset class, and partnerships with Europe’s best developers and builders, Greystar creates best in-class rental housing communities that are redefining the market.
Sustainability
Greystar believes that energy management, promoting health and well-being and sustainable practices help to preserve the environment for future generations, enhance the financial value, and increase the resilience of the communities we own and manage. Greystar is fundamentally committed to addressing and minimizing sustainability risks and environmental impacts through continuous improvement of ESG performance, sustainable design, and operating standards as well as transparency.
Join Our Team
Greystar is committed to recruiting and retaining best-in-class talent throughout the US and around the world. We offer a wide variety of career opportunities across our business, providing a high-energy and fast-paced environment where teamwork and relationships are valued.
1 Information is as of end of Q3 22. Assets under management includes the investment advisors’ regulatory assets under management, real estate investments organized by affiliates of Greystar Real Estate Partners (“GREP”), and real estate projects where affiliates of GREP are the primary developer, manager or operator. Assets under management are calculated at gross asset value and include estimate total project costs for real estate investments and projects that have not been completed. The investment advisors’ regulatory assets under management were $20.5 billion as of December 31, 2021.