Greystar has acquired a 724-bed purpose-built student accommodation (PBSA) portfolio in Dublin and Galway from EQT Exeter for an undisclosed price.
The Mayor Square asset in Dublin’s International Financial Services Centre and Cúirt na Coiribe in Galway are both fully occupied and strategically located adjacent to major universities.
The acquisition is Greystar’s second major investment in Ireland’s PBSA sector following the purchase of Point Campus in Dublin in December 2024.
All of the properties will operate under Canvas, Greystar’s pan-European brand for student and young professional housing, which launched in 2021.
Claire Solon, managing director for Greystar Ireland, said: “Our growth in Ireland reflects Greystar’s long-term strategy to build scale and quality in key European markets like Ireland. The acquisition of Mayor Square and Cúirt na Coiribe represents a step change in our expansion, with the purchase of the latter marking our first investment outside Dublin. Together with Point Campus, these assets establish a national platform for student housing in Ireland. We are focused on delivering institutional quality management and service, supported by our pan-European operational platform.”
