Summary:
- MCR Property Group has expanded its Flow Student platform by acquiring two PBSA schemes in Preston—Moor Lane Halls (493 beds) and a 175-bed scheme on Walker Street—both near the University of Lancashire and Preston city centre.
- The acquisitions increase Flow Student’s national portfolio to over 8,600 beds, with MCR targeting 10,000 operational beds through a combination of acquisitions and repositioning existing assets within its wider portfolio.
- Immediate investment will focus on significant refurbishments across bedrooms and communal areas at both Preston sites, aiming to enhance student living quality and strengthen the platform’s market position.
Original article:
