Greystar managing director for Continental Europe, Steven Zeeman, has departed the company to set up an independent platform.
Zeeman was responsible for Greystar’s investment strategy, capital relationships and acquisition activities on the Continent, having joined the US company in December 2014, but left the firm in December, it has emerged.
Sources said he is in the early stages of establishing real estate business LIFE Europe, though no details of the platform have been made public yet. Zeeman's LinkedIn page says LIFE Europe’s banner is ‘inspired by beauty and humanity, to do good to society’, focussed on the development of branded urban real estate concepts for seniors and other lifestyles, and supported by long-term partnerships and reliable relationships.
Prior to Zeeman’s five-year stint at Greystar, the real estate professional worked at PGGM Investments for nine years, and at PwC for nearly three years.
Greystar Europe has grown considerably in Europe since opening its first European office London in October 2013. It has assembled $8.1 bn (€7.2 bn) of assets and owns nearly 56,000 units and student beds.