MCR Property Group Invests £150m in London Hospitality Platform, Plans to Expand Portfolio to £500m
🏨 MCR Property Group has invested £150 million in a new London-based hospitality platform, acquiring a portfolio for £123 million in Kensington and Chelsea, aiming to scale to £500 million. The portfolio includes Ashburn Hotel, Ashburn Court, Chesham Court, and Claverley Court, offering boutique hotel rooms and serviced apartments. The initiative led by Edmund Kissner involves a full refurbishment to create a cohesive brand. Founder Aneel Mussarat plans further acquisitions across the UK to optimize income growth.
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