According to Bloomberg

Greystar plans to develop 407 purpose-designed apartments

The bond has a 10-year maturity and a coupon of 1.85%.

Luxury hospitality company continues to solidify its leadership position through the strategic expansion.

While taking measures to stabilise China's crisis-hit property sector.

Construction work is scheduled to start during the second quarter of 2022.

The transaction, once closed, will significantly increase PATRIZIA’s current residential AUM of €16billion.