MCR Property Group adds 1,000 beds to UK student housing portfolio

MCR Property Group has acquired a portfolio of purpose-built student accommodation comprising 1,013 beds, significantly expanding its presence in the UK student living market.

Corporation Village

The portfolio consists of five city-centre properties: Corporation Village, Burges House, Pillar Box, and Market Way in Coventry, and Clarendon Street in Nottingham. These properties are strategically located near major universities, boast strong occupancy rates, operate under direct-let models, and offer amenity-rich environments designed for modern students.
This acquisition aligns with MCR's long-term growth strategy in the PBSA sector, bringing its total student bed count to over 2,700 across the UK. MCR's existing student housing portfolio includes Haigh Court and Unity Square in Liverpool, Park Village in Sheffield, and Clanny House in Sunderland, all managed by its in-house team.
MCR is retaining existing on-site teams at the newly acquired properties and investing in additional operational support across marketing, asset management, and student experience. A new dedicated PBSA brand platform is being developed for launch later this year to ensure brand consistency, visibility, and a student-centric identity across the expanding portfolio.
MCR also announced that further PBSA acquisitions are anticipated in the coming weeks.
Nick Lake, fund director at MCR Property Group, commented: “We see a compelling opportunity in the PBSA market, driven by undersupply and strong rental performance in key university cities. Our history as a fast-moving, value-led investor gives us the confidence and capability to scale quickly and deliver impact. This acquisition is a significant step in the expansion of our student living platform, and we look forward to continuing that momentum in the months ahead.”