OUR EXPERTISE

We are a dynamic and multi-disciplinary team, highly experienced in structuring, promoting and managing Joint Ventures and Collective Investment Schemes in specialist areas of UK and European real estate for institutional real estate investors.

 

Since inception our focus has been on the emerging alternative sectors of real estate, culminating in the launch of our first operating entity. Curlew Capital was created to pursue investment in UK Purpose Built Student Accommodation (PBSA) and successfully launched the MSCI award winning Curlew Student Trust (CST) in 2013 and follow on fund CST2 in Feb 2018.

 

Curlew has now grown its business further by diversifying into: Forward Funding mixed Student/Residential schemes in The Netherlands through Curlew Netherlands and the direct development of mixed-use schemes in the UK through Curlew Opportunties. 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 2019.

Drawing from across its businesses, Curlew creates and manages investments for institutional investors with whom it aligns interests through co-investment.

 

Focussing on emerging alternative real estate sectors, Curlew has established 2 PBSA funds in the UK, is implementing a mixed PBSA/Young Urbans Strategy in the Netherlands and is providing mixed-use development services for its investment partners across its territories.

OUR
TEAM
RESPONSIBLE INVESTMENT
  • Investment opportunities supported by bespoke research
  • Management teams with specific sub-asset class expertise
  • Off-market, assembled and underwritten ‘seed portfolios’
  • Fund financial modelling
  • Equity and debt, public and private capital raising
  • Launch execution (regulatory, contractual, tax, corporate)
  • Acquisitions and disposals
  • Development/Forward-funding risk management
  • Debt structuring and arrangement
  • Fund management (investor-level)
  • Asset management (property-level)
  • Regulatory services
 
 

1997

Largest single UK investor capital raise in 1990s – £510m of equity from 21 investors for LendLease Retail Partnership – Bluewater and Solihull Shopping Centres.

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.

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.

2006

Nordic Aktiv Fund launched (€800m) – first and largest fund raise to arise from newly merged Teesland IOG.

1998

Advised Standard Life on European Capital Fund – one of the first collective investment schemes specialising in properties from Europe.

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.

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.

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).

2013

Curlew Capital creates joint venture with CBRE Global Investment Partners called Curlew Student Trust (CST).

2011

Curlew Capital is founded. Abbeygate, Chester is the first joint venture with the Watkin Jones Group.

2016

Curlew expands into Development, BTR and Europe by launching Curlew Opportunities, Curlew Communities and Curlew Netherlands.

 

CST achieves “Green Star” status in the 2016 Global Real Estate Sustainability Benchmark (GRESB). 

Curlew wins inaugural PW Student Investor of the Year Award. 

2015

Curlew Student Trust (CST) reaches £500m in 20 PBSA properties across UK.

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. 

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