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Greystar acquires 265-bed Copley Court in Cork

25 August 2026 | Asset Acquisition | Ireland | 265 beds | Operational

The acquisition gives Greystar its first Cork asset and takes its Irish student housing portfolio to almost 2,200 beds.

Key details

Asset type

Operational

Location

Cork, Ireland

Capacity

265 beds

Seller

Elkstone Real Estate

Buyer

Greystar

Value

Undisclosed

Adviser

Savills Ireland

Source: Greystar

Copley Court at 9-10 Copley Street comprises 265 en-suite beds in cluster apartments and supports year-round income through summer stays. The property was marketed as effectively fully occupied for the 2025/26 academic year, with forecast net operating income above €2.5 million.

It sits close to University College Cork, Cork School of Music and Cork College of Commerce, and has consent for a further 112 beds. The asset also has Fitwel 3-star certification, a preliminary BREEAM In-Use rating and 81 basement parking spaces.

Strategic context

Copley Court is Greystar's fourth major Irish PBSA investment and extends its operating footprint beyond Dublin and Galway into one of Ireland's largest student markets. The acquisition adds a stabilised, near-full asset with immediate income while the consented extension provides a route to grow capacity to 377 beds.

This combination supports Greystar's strategy of building scale in supply-constrained university cities while preserving future development upside.

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