Patron Capital has launched a new joint venture with Curation Capital, a London-based vertically integrated real estate investment manager that invests in and manages student accommodation, co-living, private residential and flexible office space. The joint venture will acquire and refurbish existing student properties located in towns and cities that are linked with Russell Group or tier-one universities.
The joint venture partners have acquired their first site, Beech Gardens, a 250-bed development in Birmingham. Located in the popular area of Edgbaston, the development benefits from close proximity to the city’s eight universities, including the University of Birmingham, a Russell Group university. Birmingham has a student population of more than 80,000 students.
The partnership will take a vertically integrated approach to the strategy, utilizing Curation’s existing operational, development and asset management teams, combined with Patron Capital’s more than
