Curlew UK student housing fund acquires London development site
Curlew Capital’s second UK student housing fund, which is backed by clients of CBRE Global Investment Partners (GIP), has acquired an asset from Apeiron Capital.
European asset Apeiron said it has sold its student accommodation asset, Poland House, in Stratford to Curlew for an undisclosed sum.
The site, acquired by Apeiron in 2015, has a 100-bed student housing asset and an adjoining vacant property suitable for redevelopment.
Paul Oliver, CEO and founder, Curlew Capital, said the acquisition of the asset further enhances the development programme for the Curlew Student Trust 2 (CST2) purpose-built student accommodation fund. CST2 was launched in February last year.
Vojkan Brankovic, Apeiron CEO and founder, said: “Apeiron remains committed to its core markets in the UK and Germany where we continue to see excellent investment opportunities.
“Whilst student housing in the UK continues to offer attractive returns for investors, we see particularly strong opportunities in UK and German logistics real estate. We feel that the time is right to focus our investments into these core areas in partnership with our investors.”