Greystar Real Estate Partners has named Alberto Donoso head of development in its European leadership team, helping to drive its €3.9bn (£3.3bn) projects pipeline.
Donoso has been with the residential developer since 2015 and most recently headed up its international development operations function, supporting the company’s international markets expansion. He will relocate to Madrid from the US to take up the new role.
He has previously driven Greystar’s expansion in Latin America and served in both portfolio management and development roles.
Donoso will help to develop multifamily, student and young professional housing assets across key European markets, working to expand the European portfolio of 30,000 units and student beds with some 50,000 residents and €6.6bn in equity.
Mark Allnutt, senior managing director for Europe, said Donoso’s role will be “crucial” as the company looks to “scale the European platform against a backdrop of favourable demographic trends”.
He added: “The continued undersupply of housing across European cities is a critical issue, and purpose-designed rental housing has an increasingly important role to play in meeting demand.”
To send feedback, e-mail akanksha.soni@eg.co.uk or tweet @EGPropertyNews
