Acquisition by Greystar of a student residence

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  • 26 Feb 2024

PwC assisted Greystar with its acquisition of a 650-bed student residence in Puteaux. The project will be delivered under a VEFA (“Vente en l'Etat Futur d'Achèvement”) contract and will open to residents in Summer 2024.

The acquisition is a significant step forward for Greystar in France as they seek to develop a portfolio of high-quality purpose-built student accommodation assets in the suburbs of Paris.

PwC Société d'Avocats performed the tax structuring work. The tax team was composed of Sandra Aron, Partner, Lidija Volpe and Sixtine Cotton, Lawyers.

The PwC Deals team carried out the review of the financial clauses of the contracts. The team was composed of Arnaud Burillon, Partner, and Adrien Devouassoux.

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