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Greystar, Inhabit end talks for £1B build-to-rent portfolio sale

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Greystar, Inhabit end talks for £1B build-to-rent portfolio sale

Greystar has ended discussions to buy a portfolio of build-to-rent sites in the U.K. from developer Inhabit, Property Week reported.

European rental housing operator Greystar reportedly began talks in April for the portfolio, which can house roughly 3,500 apartments and has a collective development value of approximately £1 billion.

The sites are in Aberdeen, Birmingham, Bristol, Glasgow, Leeds, Liverpool and Manchester, according to the Dec. 21 report.