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Greystar acquires Utrecht development site

International developer, investment and property manager Greystar has acquired a development site of approximately 37,000 sq m at Europalaan 30 and 34 in Utrecht, on behalf of the OurDomain platform Greystar manages in the Netherlands.

The acquired development site is part of the Merwedekanaalzone urban renewal area, a large inner-city redevelopment site where municipality and land owners are working together to develop 6.000 – 10.000 new homes for a wide variety of target groups, as well as commercial and social facilities.
Greystar is now part of the Merwede owners' collective of six private owners and the municipality who are working together on the design and realisation of a new Merwede district.

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