Summary:
- MCR Property Group has acquired Parham Student Village in Canterbury, adding 606 student bedrooms across nine blocks to its PBSA portfolio, positioning the company as one of the city’s largest student accommodation providers through a single scheme.
- The site is strategically located near Canterbury Christ Church University, the University of Kent, and the University for the Creative Arts, addressing a structural undersupply of purpose-built student accommodation in a high-demand university city.
- MCR plans a full refurbishment before the 2026/27 academic year, upgrading bedrooms, communal areas, and environmental performance, with the scheme expected to reach a gross development value of approximately £60 million upon completion.
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