MCR Property Group has acquired a new purpose-built student accommodation (PBSA) asset in Nottingham, adding 1,013 beds across five properties in key locations. The Nottingham property, Clarendon Street, is situated within walking distance of major universities, contributing to the group’s expansion in the city’s student housing sector.
The acquisition is part of MCR’s broader strategy to grow its student living portfolio, which now totals over 2,700 beds across the UK. MCR Property Group’s existing assets in Nottingham and other core cities are managed through an in-house team that handles lettings, operations, and marketing.
The group plans to retain the existing on-site teams at the newly acquired properties and will invest in operational support focused on student experience, asset management, and marketing. Additionally, MCR is developing a dedicated PBSA brand platform to provide a consistent and student-first identity across its expanding portfolio.
Backed by two decades of experience in residential and student housing, MCR Property Group aims to enhance its portfolio through efficient transitions, refurbishments, and long-term value creation. Further PBSA acquisitions are also in the pipeline.
