Curlew and Lloyds Bank agree £44 million financing.
Curlew Capital and Lloyds Bank have announced a £44 million loan to complete three new PBSA developments on behalf of its Curlew Student Trust 2 fund. The developments in Brighton, Bermondsey and Bath will provide over 550 new student beds, two of which will be rated BREEAM Excellent. The completed schemes will have a GDV of £145 million. Curlew is currently bringing forward six PBSA schemes totalling c. 1,600 beds across the UK, as it targets the delivery of c. 5,000 beds over the next three years.