Insights > Deals
MCR Property Group expands its Flow Student through Preston deals
25 June 2026 | Portfolio acquisition | UK | 862 beds | Operational
The portfolio comprises Foundry Court, a 438-bed student accommodation scheme, and Trinity Student Village, which provides a further 424 beds.
Key details
Asset type | Operational |
Location | Preston, UK |
Capacity | 862 beds |
Buyer | MCR Property Group |
Seller | Hencap Housing Properties |
Value | Undisclosed |
The properties were bought from Isle of Man based Hencap Housing Properties, who acquired them as part of a £53 million portfolio acquisition in 2017, according to Land Registry.
Strategic context
The assets will form part of MCR’s expanding Flow Student platform, which is targeting 10,000 beds this year.
The acquisition accelerates Flow Student's move from asset ownership into a broader operating platform with multi-city scale. In Preston, it consolidates a large operational bed base quickly rather than waiting for development delivery.
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