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Greystar Buys 2,500-Unit Flexible Accommodation Portfolio in Spain From King Street

Three Buildings To Be Located in Madrid
The project will consist of three buildings located in the north and south of the Madrid metropolitan area in Rivas, San Sebastián de los Reyes and Valdebebas. (iStock)
The project will consist of three buildings located in the north and south of the Madrid metropolitan area in Rivas, San Sebastián de los Reyes and Valdebebas. (iStock)

Greystar Real Estate Partners has forward purchased a 2,500-unit flexible accommodation portfolio in Madrid from King Street Real Estate, an investment firm that partnered with Greystar and Momentum REIM in 2019 to acquire three sites to be used for flexible accommodation.

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