This is the second fund that he makes in Chile after he developed one in 2016 with Credicorp and Inmobiliaria Napoleón.
The world giant of residential income Greystar, is betting on Chile. After entering the country in 2016 through a fund of UF1 million (some US $ 45 million) in association with Credicorp Capital and Inmobiliaria Napoleón, which originated the building of a building in Providencia, now the US works in the creation of a new fund, which is expected to reach US $ 350 million in assets and which will be focused -as well as the first- on the development of projects, which will then be made available to the market for the lease.
According to commented, the managing director in Chile of the entity, Tom Livelli, this new vehicle will have about two projects, which added to the first expected to be operating in the country with about 1,600 units, projecting that in five years the firm already It is operating approximately 5,000 units.
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