Commercial

Universal Square, a 258,000sq ft office complex in Manchester, is now on the market. MCR Property Group acquired the asset in 2015, and after significant upgrades and refurbishments, have now listed the large complex for £54.7m. At the asking price, deals will offer an initial net yield of 7.15%. The development which spans across 5 […]

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The industrial estate in Swindon has been acquired by MCR Property Group in their third southern industrial acquisition of the year. The final acquisition price is undisclosed for the 4 plot transaction, which benefits from 176,605 sq. ft of existing accommodation. Sam Henderson, Head of Acquisitions (South) at MCR Property Group, said: “We are delighted […]

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Europa House, Motherwell has been acquired by MCR Property Group in the company’s first purchase of the New Year in Scotland. MCR Property Group, whose Scotland HQ is located in nearby Glasgow, have acquired the fully-let, 20,836 sq ft office building. Located in the north of Motherwell town centre, just off the M8 and M74 […]

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MCR Property Group has acquired 65,000 SQ ft industrial space in the former headquarters of iconic racing car brand Lola Cars. Situated in Huntingdon, Cambridgeshire, the currently vacant development stretches across 2.4 acres and  equipped with three main buildings consisting of industrial space, offices and showrooms, spread across two floors and two separate buildings to the […]

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MCR Property Group have agreed a £100 million debt facility with partners ICG Real Estate Fund, secured against a portfolio of ten assets with over 1,000,000sq.ft of commercial space. The funding will help to secure the purchase, redevelopment, and expansion of six multi-let commercial sites. The upcoming industrial projects are based in Avonmouth, Swindon, Sheffield, […]

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The move marks a return to  MCR Property Group for Hayes who spent seven years at the firm between 2006-2013. For the past 8 years, Mark ran his own investment advisory firm, Antrobus Capital Partners, having previously served as Head of Investment at MCR Property Group and a key force in their expansion movement into […]

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MCR Property Group has made its first office investment in Scotland as it eyes rapid expansion north of the border. The 33,000 sq ft Merlin Business Centre in Glasgow is located in Hillington Park, Scotland’s largest business park, which is ideally situated between Glasgow Airport and the city centre, with easy access to the M8 […]

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MCR Property Group has grown the annual rental income of its national commercial portfolio by more than £3.3million during the coronavirus pandemic. Over the seven-month period from the start of the 2020 financial year, the developer has completed lettings and lease renewals on over 435,000 sq. ft. increasing the rent roll by £3,304,911pa. New lettings […]

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MCR Property Group has launched a new serviced office development in the heart of Birmingham city centre.Lonsdale House, a prominent 1960s commercial block, is located at 52 Blucher Street and comprises 25,000 sq. ft. of lettable office space over five floors.Accommodation available ranges from 95 sq. ft. to 2,700 sq. ft. in various layouts, at […]

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