Summary:
- MCR Property Group has acquired an 862-bed student accommodation portfolio in Preston, comprising Foundry Court (438 beds) and Trinity Student Village (424 beds), expanding its Flow Student platform and establishing immediate scale in a key North West university market.
- Both schemes are strategically located near Preston’s university campus, city centre, and transport links, aligning with MCR’s strategy to invest in well-located assets with strong demand and potential for operational improvements.
- The acquisition advances Flow Student’s growth trajectory toward a 10,000-bed portfolio by 2026, supported by targeted capital investment and hands-on management to enhance accommodation quality and the overall student experience.
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