Greystar has unveiled its first UK garden-style rental housing development, with the company targeting delivery of up to 20,000 such rental homes over the next four years. The new strategy has launched with the acquisition of a development site at Waterbeach, Cambridgeshire, from master developer Urban&Civic, where Greystar aims to deliver its first so-called garden-style rental community. The development is backed by Greystar Equity Partners Europe II, the company's recently closed €2.7B pan-European residential fund. Greystar first outlined its plans at Bisnow's Build-To-Rent Annual Conference in June.  Waterbeach consists of 387 rental homes and will sit within Urban&Civic's 6,500-home master plan on the former...