financeservicedapartmentnews.com··1 min·For: Investor, Owner, GM, Revenue
MCR Launches £150M Kensington Collection in London
MCR Property Group has launched The Kensington Collection, a standalone hospitality brand spanning boutique hotel rooms and serviced apartments across prime London locations. The launch follows a £150 million acquisition of assets formerly operated by Maykenbel, which are currently undergoing renovations.
Key Takeaways
- 1MCR Property Group deployed £150 million to acquire and launch the standalone London brand.
- 2The portfolio includes Ashburn Hotel, Ashburn Court, Chesham Court, and Claverley Court across Kensington, Belgravia, and Knightsbridge.
- 3MCR plans to introduce a broader national and international hospitality platform later this year.
Source: servicedapartmentnews.com
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