MCR Secures Landmark Swindon Campus as Investment Drive Accelerates
The transaction forms part of MCR’s UK-wide growth strategy, supported by its debt facility with Pollen Capital, enabling the group to move decisively on large-scale opportunities across the country.
The former Intel UK headquarters occupies a prominent position half a mile south of Swindon Old Town, with direct access to Junctions 15 and 16 of the M4. The three interlinked buildings sit within a mature landscaped setting and benefit from substantial infrastructure, including 500 car parking spaces.
Martin Brown, Director of Commercial Property at MCR Property Group, said:
“This was a high-conviction acquisition aligned with our UK growth strategy. With the support of our funding platform alongside Pollen Capital, we are actively deploying capital into assets where we can take control and drive value.
Opportunities of this scale, with this level of connectivity and flexibility, are increasingly rare at this pricing level.”
Henry Routledge, Acquisitions Manager at MCR Property Group, added:
“We moved quickly and with conviction to secure this asset. Acting decisively allowed us to agree terms that represent strong value relative to the scale and landholding.
Pipers Way gives us control of a significant site with genuine flexibility, and we are confident in the long-term fundamentals underpinning the location.”
Swindon recorded population growth of 11.6 percent between 2011 and 2021, reinforcing the town’s long-term trajectory.
MCR confirmed it has commenced early-stage work on a residential-led regeneration scheme for the site with an estimated gross development value of approximately £130 million, capable of delivering around 350 homes, subject to planning. The developer will work closely with local stakeholders as proposals are brought forward.
