Summary:
- Greystar has acquired the 265-bed Copley Court student accommodation in Cork from Elkstone Real Estate, expanding its Irish PBSA portfolio to 2,171 beds across Cork, Dublin, and Galway, solidifying its position as one of Ireland’s largest student housing operators.
- Located near University College Cork, Copley Court has maintained near-full occupancy since 2019 and benefits from a strong summer letting programme, addressing ongoing demand that continues to outpace supply in Ireland’s key student markets.
- The acquisition was made through Greystar Equity Partners Europe II (GEPE II), a €2.7bn-commitment fund with over €6.8bn investment capacity, reflecting Greystar’s strategic commitment to both PBSA and build-to-rent sectors in Ireland and Europe.
Original article:
https://businessplus.ie/news/greystar-cork-student-accommodation/
