MCR Property Group has launched a new purpose-built student accommodation (PBSA) operating platform, Flow Student, bringing together a portfolio with a combined gross development value of £360m.
The platform currently owns and operates around 6,000 student beds, and MCR Property Group has set out ambitions to own 15,000 beds (valued at £1bn) by the end of this year. The group will expand this portfolio via a series of acquisitions and refurbishment programmes, backed by internal capital reserves.
Currently, Flow Student operates across Sheffield, Liverpool, Coventry, Sunderland, Nottingham and Canterbury. Additional accommodation is being acquired in Bradford and Preston, alongside pipeline developments in Glasgow and Birmingham.
Refurbishment programmes are already under way across Sheffield, Canterbury, Coventry and Nottingham, with further phases scheduled throughout 2026.
Last summer, the group acquired 1,013 student beds from Arlington Advisors. In January, it acquired a 606-bed student village in Canterbury.
Aneel Mussarat, founder of MCR Property Group, said the new platform represents a “significant milestone in the evolution of our PBSA accommodation strategy”.
“Our ambition is clear: to build a 15,000-bed portfolio valued in excess of £1bn in the near term, while maintaining a disciplined investment approach and operational excellence,” he added.
“We are focused on well-located assets in cities with enduring academic strength and international appeal. As we establish Flow Student as a leading UK platform, we are also preparing for phase two expansion into select European markets where similar supply-demand dynamics exist.
“This is about building a generational platform with scale, quality and longevity at its core.”
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