Investment Strategies

Specialist strategies across UK real estate

TBS focuses on sectors and situations where active management, capital structure and delivery expertise can create meaningful value.

PBSA

Purpose-built student accommodation

We target PBSA opportunities in locations with strong university demand, constrained supply and credible operational fundamentals.

Our PBSA strategy considers:

  • University proximity and student demand
  • Local supply pipeline and competing schemes
  • Rental growth and occupancy potential
  • Operator quality and management structure
  • Planning, design and amenity provision
  • Exit demand from institutional and private capital

Residential-led regeneration

Creating homes, places and long-term value

We pursue residential-led schemes that can deliver high-quality homes while supporting local regeneration.

This includes brownfield sites, town-centre opportunities, underused land and assets suitable for residential conversion or redevelopment.

Our focus is on schemes with credible planning routes, realistic delivery programmes and genuine local demand.

Value-add investment

Improving assets, improving outcomes

Value-add opportunities arise where an asset is capable of performing better with the right intervention.

Examples include:

  • Refurbishment or repositioning of tired assets
  • Improved management and operational performance
  • Planning enhancements or change of use
  • Conversion of underused space
  • Restructuring of tenure, leases or income
  • Refinancing or capital restructuring

Distressed asset recovery

Clarity where others see complexity

We consider distressed or complex opportunities where the underlying asset remains fundamentally viable but requires decisive action.

This may involve incomplete developments, funding gaps, ownership complexity, planning issues, operational underperformance or assets requiring a revised business plan.

Our approach is to stabilise the asset, resolve the key issues, restore momentum and pursue a stronger exit.

Development funding and partnerships

Capital aligned with delivery

We work with investors, lenders, family offices and development partners to structure funding around viable UK real estate projects.

Where appropriate, we also consider joint ventures, forward funding, mezzanine structures and project-specific partnerships.