OUR EXPERTISE
Curlew Capital was created to pursue investment in PBSA. We successfully launched the MCSI-award winning Curlew Student Trust (CST) in 2013 and its follow-on fund CST2 in Feb 2018.
Our multi-disciplinary team is highly experienced in structuring, promoting and managing Joint Ventures and Collective Investment Schemes for institutional real estate investors.
Curlew has now diversified into mixed PBSA/Residential schemes in The Netherlands and the direct development of mixed-use schemes in the UK through Curlew Opportunities.
Curlew’s latest initiative has been the establishment of an experienced PRS team, Curlew Communities, that has a pipeline of forward funded deals ready for fund launch in 2021.
OUR STRATEGY
Curlew creates and manages investments for institutional investors with whom it aligns interests through co-investment and performance fee arrangements.
Curlew’s investment strategy is to invest only in top university towns and cities and then align micro-location, size and specification to the locally prevailing market conditions through bespoke market research.
Close attention is paid to building design and amenities and management with our occupiers’ enjoyment and welfare in mind.
OUR SERVICES
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Investment opportunities supported by bespoke research
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Management teams with specific sub-asset class expertise
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Off-market, assembled and underwritten ‘seed portfolios’
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Fund financial modelling
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Equity and debt, public and private capital raising
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Launch execution (regulatory, contractual, tax, corporate)
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Acquisitions and disposals
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Development/Forward-funding risk management
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Debt structuring and arrangement
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Fund management (investor-level)
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Asset management (property-level)
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Regulatory services
2019
Curlew's 22a Potterrow shortlisted for the Student Accommodation Development of the Year at the Scottish Property Awards.
Curlew shortlisted for PW Fund Manager of the Year Award.
Curlew wins MSCI Real Estate Data Quality Award.
Curlew shortlisted for PW Student Investor of the Year Award
2015
Curlew Student Trust (CST) reaches £500m in 20 PBSA properties across UK.
OUR
HISTORY
2020
Curlew expansion continues with four new senior management hires and three development project acquisitions.
Two co-living developments completed in Netherlands.
Curlew agrees a £49.5 million development loan with Barclays Bank
2021
Curlew secures £44 million loan
with Lloyds Bank.
Shortlisted again for PW Student Investor of the Year Award.
Two new PBSA schemes with a total of 694 beds completed and successfully mobilised. Pavillion Point, Brighton and St Benedicts Gate, Norwich,
Forward funding of two PBSA developments closed.
The Lantern Liverpool wins PW 2021 PBSA 'Best Halls of Residence'.
2022
Two new PBSA schemes open Centurion, Bath and View Studios, Bermondsey
Curlew achieves 5 star rating for its 2022 GRESB performance.
1997
Largest single UK investor capital raise in 1990s – £510m of equity from 21 investors for LendLease Retail Partnership – Bluewater and Solihull Shopping Centres.
1998
Advised Standard Life on European Capital Fund – one of the first collective investment schemes specialising in properties from Europe.
2000
Acquired Frenchgate Centre, Doncaster for development consortium to create £250m Frenchgate Interchange & Shopping Centre under Public/Private Initiative.
Fairbriar Residential Partnership – one of the first residential funds to attract institutional investors.
2002
Teesland PLC listed on main London Stock Exchange becoming the UK’s 2nd listed institutional property Fund Manager.
Osprey LP launched – a UK mixed commercial property fund, subsequently the top performing fund in the AREF All Balanced Fund Index over 1, 3 and 5 years.
2004
IO Group acquired – UK’s first listed property fund manager.
Launch by Seven Dials of advisory service, providing analysis of UK indirect property vehicles.
2018
Curlew and CBRE GIP sell 75% of CST Portfolio, comprising 5,400 beds across 15 PBSA assets, to Brookfield.
Curlew and CBRE GIP launch CST2, focussing on the Development and Forward Funding of UK PBSA led mixed-use development.
CST1 wins MSCI UK Property Investment Award, achieving the highest 3 year returns to Dec 2017 of all 225 UK funds.
2005
University Capital Trust (UCT) launched – a forerunner in collective institutional investment in ‘direct let’ UK purpose built student accommodation (PBSA).
TAP launched – a high yielding listed ‘REIT lookalike’ designed for small cap/high yield, public market investors.
2006
Nordic Aktiv Fund launched (€800m) – first and largest fund raise to arise from newly merged Teesland IOG.
2007
Teesland PLC de-listed to enable its sale alongside sister company, Scarborough, to the Valad Group an Australian ‘REIT’.
2008
Paul Oliver collects the Estates Gazette ‘Fund Manager of the Year’ award for the top performance of University Capital Trust (UCT), Osprey Partnership and Teesland Advantage Property (TAP).
2011
Curlew Capital is founded. Abbeygate, Chester is the first joint venture with the Watkin Jones Group.
2013
Curlew Capital creates joint venture with CBRE Global Investment Partners called Curlew Student Trust (CST).
2023
Recapitalisation and expansion of CST1 vehicle.
Creation of new living sector products.