MCR completes acquisition of major PBSA portfolio
MCR Property Group has completed the acquisition of a large portfolio of purpose-built student accommodation (PBSA), significantly expanding its national footprint and reinforcing its position as one of the UK’s most active investors in the student living sector.
The portfolio, acquired from Arlington Advisors, comprises 1,013 bedroom across five prime city-centre assets. These include Corporation Village, Burges House, Pillar Box and Market Way in Coventry and Clarendon Street in Nottingham …