Greystar and Ivanhoé Cambridge Mark Pre-Leasing Milestone for Asturias Mixed-Use Project in Chile

Illustrating the way young professionals are living in the city today, the property is poised to change the face of its iconic Las Condes location

Greystar Real Estate Partners LLC (“Greystar”) and Ivanhoé Cambridge, two global real estate leaders, are pleased to announce the start of pre-leasing for Somma Asturias, a mixed-use project combining rental units with office, retail, and green spaces in the prime Santiago submarket of Las Condes. This marks the fifth project undertaken by Greystar and Ivanhoé Cambridge in Chile since the launch of their multifamily joint venture in 2021. Bolstered by its ideal location and quality construction, Somma Asturias represents one of the partnership’s largest investments in Chile to date. The property, which was acquired from Isidora 23 and the Vergara Family Real Estate Consortium, is expected to open in the coming months.

You can now read the full press release at the link below