M&A Deal Summary

Greystar Worldwide Acquires EdR

On June 25, 2018, Greystar Worldwide acquired real estate company EdR for 4.6B USD

Acquisition Highlights
  • This is Greystar Worldwide’s 1st transaction in the Real Estate sector.
  • This is Greystar Worldwide’s largest (disclosed) transaction.
  • This is Greystar Worldwide’s 1st transaction in the United States.
  • This is Greystar Worldwide’s 1st transaction in Tennessee.

M&A Deal Summary
Date 2018-06-25
Target EdR
Sector Real Estate
Buyer(s) Greystar Worldwide
Deal Type Merger
Deal Value 4.6B USD

Target

EdR

Memphis, Tennessee, United States
website
EdR is a self-administered and self-managed real estate investment trust that owns or manages 88 communities with more than 45,800 beds serving 55 universities in 25 states. EdR was founded in 1964 and is based in Memphis, Tennessee.

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Buyer(S) 1

Buyer

Greystar Worldwide

Charleston, South Carolina, United States

website

Category Company
Founded 1993
Sector Real Estate
DESCRIPTION

Greystar Worldwide LLC is a fully integrated multifamily real estate company offering expertise in investment management, development, and property management of rental housing properties globally. Greystar was formed in 1993 and is based in Charleston, South Carolina.

DEAL STATS #
Overall 1 of 1
Sector (Real Estate) 1 of 1
Type (Merger) 1 of 1
State (Tennessee) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-01 RESA

Barcelona, Spain

RESA is a private and fully vertically integrated student accommodation platform in Spain, with c. 11,200 beds under management, split into 43 projects located in more than 20 cities across the country. During the academic year, RESA offers accommodation solutions tailored to the needs of each university campus, i.e. full-year accommodation for undergraduate students, monthly accommodation for international mobility students and even residences designed specifically for professors, researchers, masters and postgraduates. RESA is based in Barcelona, Spain.

Sell -
Mergr

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