MCR Property Group plans acquisitions after agreeing ‘landmark’ £250m facility with Pollen Street

MCR Property Group says it will make more acquisitions “with speed and precision” after securing a £250m debt facility to support its growth.

The Manchester group has agreed what it calls “a landmark debt facility” with London-based private equity firm Pollen Street, with a revolving senior secured credit facility. MCR says the agreement “forms part of a wider capital framework that has the potential to support up to £1 billion of future investment across the group’s growing portfolio UK wide.”

The group says it will look at opportunities across key UK regions in areas including residential, PBSA, commercial, and mixed-use properties. In June, MCR Property Group – founded in 1989 by Aneel Mussarat – acquired a portfolio of student accommodation across the East and West Midlands .

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