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July, 26 2019
Greystar is a big believer in modular construction, so much so that it has agreed to buy the world’s tallest modular building. The multifamily and student accommodation giant teamed up with European private equity firm Henderson Park to buy 101 Georges St., a 546-unit multifamily scheme in Croydon, South London. The development will comprise two towers of 44 and 38 storeys, 135 metres high. It will be manufactured 94 miles away, driven piece by piece via standard articulated lorries and reassembled on site…