Curlew manages the sale of £150m purpose-built student accommodation (PBSA) portfolio on behalf of clients of CBRE IMI and Brunel Pension Partnership.
Curlew Capital has successfully sold a portfolio of six PBSA assets, along with a mixed-use commercial asset, from the Curlew Student Trust, generating significant returns for their investment partners.
The transaction, valued at £150 million, underscores Curlew's expertise in delivering outstanding investment outcomes and reinforces its reputation as a leading investment manager in the UK student accommodation market.
The portfolio includes PBSA assets located in Edinburgh, Liverpool, Exeter, and Falmouth, collectively providing accommodation for over 1,000 students. Additionally, the sale included a 65,000 sq ft mixed-use commercial property in Liverpool, comprising leisure, retail, and hospitality uses. Curlew's strategic management and operational expertise were instrumental in enhancing the value of the portfolio, resulting in a successful exit.
“This transaction highlights our ability to drive exceptional returns for our investment partners through selective transactions, strategic asset management and market insight. Our focus on delivering high-quality student accommodation in prime university cities has not only met the growing demand but also maximised the value of the assets for our investors. We are proud to have achieved such a positive outcome and look forward to leveraging our expertise in future collaborations.”
Charlie Oliver, Managing Director, Curlew Capital.
JLL - Corporate Finance (Dan Jones & Ketan Chhatpar), and Living Capital Markets (Huw Forrest & Jack Smart), and CMS (Sally Badham) supported on the transaction.
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