Bob Faith, founder and CEO of Greystar Bob Faith, founder and CEO of Greystar

LONDON— Greystar Real Estate Partners, the Public Sector Pension Investment Board of Canada and Allianz Real Estate have completed a joint venture to grow the London-based Chapter student housing brand.

Allianz Real Estate, whose parent is headquartered in Munich, has acquired an interest in Chapter alongside the current stakes of PSP Investments and Charleston, SC-based Greystar. The equity investment volume of the transaction that Allianz Real Estate is executing on behalf of various Allianz insurance companies stands at around £350m, the company states.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.