Curlew Capital appoints Senior Development Manager to deliver £340M development programme
Defensive asset class remains a compelling investment proposition against Covid-19 backdrop
Curlew Capital is pleased to announce the appointment of Andrew Davis as Senior Development Manager.
Andrew will be integral to the delivery of Curlew’s Purpose Built Student Accommodation (“PBSA”) development programme, which is targeting the delivery of c. 5,000 beds over the next three years and includes eight schemes totalling 2,600 beds currently under development. It will significantly extend Curlew’s existing UK PBSA footprint, which totals more than 3,500 beds across 14 schemes located in established university cities.
Andrew joins from Yelverton Properties, the UK focused commercial investment and development business and was responsible for delivering schemes totalling over £100 million, including the redevelopment of Exeter Football Club and Exeter Cricket Club into PBSA; the latter in partnership with Curlew.
Curlew’s current eight scheme, £340 million PBSA development programme is being delivered on behalf of its second PBSA fund, Curlew Student Trust 2 (“CST 2”). Four of these schemes, which are direct developments located in Brighton, Stratford E15, Manchester and Exeter, are due to complete in time for the start of the 2023/24 academic year. An additional three forward funded developments located in Sheffield, Leeds and Norwich, are due to complete in Q3, delivering 1,154 beds in time for the start of the coming academic year; with a fourth scheme in Coventry scheduled to complete next year.