Greystar Real Estate Partners, LLC (“Greystar”), a global company specialising in the investment in and management of residential properties, is relocating its Frankfurt office to the Hauptwache area of the city from October 1st. Since 2018, when it was established in Germany, Greystar has been based in co-working spaces. Its new open-plan office, at Bleidenstraße 1, is part of the company’s strategic growth plans.
Mark Kuijpers, Senior Managing Director, Greystar, explains: “The new office will allow all functions to be consolidated at a single location in an office designed according to the Greystar 360 concept, promoting communication, collaboration and streamlining decision-making processes. Additionally, the new location will also be available as a hub to Greystar colleagues from other countries to work from Germany.”
Greystar Central Europe, with its operations in The Netherlands, Germany and Austria, forms a distinct unit within the international organisation.
The team in Germany resembles the vertically integrated model of the global Greystar business. Greystar’s investment team is at the beginning of the value chain, followed by the development department, which handles construction, remodeling, and interior design. After commissioning, the properties are managed by the operations department, which is also responsible for their economic management, working closely with asset management and sales & marketing. The portfolio management department serves as the link to investors. The team is supported in HR, accounting, IT and design, by colleagues in London.
Greystar is headquartered in Charleston, South Carolina, and manages and operates properties valued at over $280 billion, with locations in 17 countries. The hallmark of Greystar Germany includes furnished apartments with a high design standard, common areas for all residents, and an on-site team. In other markets such as Austria, the Netherlands, and the UK, student apartments are also part of the offering.
