Trei vende un suo asset residenziale , 359 appartamenti a Charlotte in Nord Carolina , USA, per 103 mn di euro

Trei Real Estate (“Trei”), an international developer and owner of residential and retail real estate, and local development partner Proffitt Dixon Partners completed and sold “Briley”, a multifamily community in Charlotte, North Carolina, Trei’s first stateside development. The project, which commenced construction in January 2019, includes 359 rental apartments and a combined residential area of around 33,000 square metres.The property, which is approximately 85% leased, has been acquired by an institutional US investor for c. 103 million euros.


In regard to Trei’s other activities, Pepijn Morshuis, the CEO of Trei Real Estate, had this to say: “Our activities in the United States have picked up steam this year. In addition to the project sold in Charlotte, we are in the process of developing four more multi-family projects. One of them, located in Charleston, SC, has been under construction since 2020, two kicked off construction this fall, in Nashville, Tennessee and  Charlotte, North Carolina, and one will begin next year, in Cary, North Carolina. Taken together, Trei’s five projects add up to approximately 1,440 residential units and a total investment of approximately  320 million euros.”

Image rights  and Source  : Trei Real Estate