MCR Property Group strengthens Sheffield student portfolio with latest acquisition
This latest acquisition marks the third student accommodation scheme owned and managed by MCR in Sheffield joining Park Village and The Moor. Truro Works further strengthens MCR’s growing presence in one of the UK’s most dynamic university cities.
Together, the three developments offer a diverse range of student living options, catering to different lifestyles and locations across Sheffield. Truro Works, situated to the south of the city centre and ideally located for Sheffield Hallam University, combines convenience with a fresh, contemporary design.The Moor places students right in the heart of the city centre, with unrivalled access to shops, bars and amenities. Park Village provides a more calm and tranquil setting, while still close to the action.
Nick Lake, Fund Director at MCR Property Group, “Sheffield is a fantastic student city with a thriving community and we are delighted to be delivering three unique schemes here. Each development offers something different. from bustling city centre living to more peaceful, residential settings, so there is a choice for every student.
“Sheffield was where I studied and so there are strong personal connection for me. With Truro Works, we’re not only expanding our Sheffield portfolio but also reinforcing our ambition to grow our student accommodation offering across the UK.”
Alongside its student portfolio, MCR is also active in the build-to-rent market in Sheffield, with Division House providing high-quality apartments in the heart of the city centre.
With the addition of Truro Works, MCR’s student portfolio now exceeds 3,000 units across the UK, underlining the Group’s commitment to providing high-quality, well-located accommodation for students nationwide. The business is already active in Liverpool, Nottingham, Coventry, and Sunderland, with further expansion in other cities expected to be completed in Q4 of the year.
Looking ahead, MCR will launch a new student brand in the next quarter, bringing all of its PBSA assets under one unified identity. This strategic move will strengthen marketing, improve student experience, and provide a clear platform for future growth.
MCR has also confirmed it is actively pursuing further student acquisitions and development opportunities, with announcements expected in the coming months.
