4 April 2019 – Idealista
The student hall specialist Syllabus by Urbania has signed an agreement with the US company Greystar to delegate it the administration of its halls of residence, which it operates under its own brand.
The agreement covers the functions of marketing, administration and general property management, amongst others, and Greystar is going to assign a dedicated team to its new client.
Syllabus has a portfolio of projects under development comprising more than 2,500 beds, and following its strategic investment agreement with Invesco Real Estate, it is now also working on a growth plan for up to 10,000 units over the next few years.
Greystar, which was founded in 1993, already manages 50,000 beds in halls of residence around the world for brands such as Chapter and Sailmakers in the UK, OurDomain in the Netherlands, EdR and Rockoff Hall in the USA, and Resa in Spain.
Original story: Idealista
Translation/Summary: Carmel Drake