MCR Property Group secures £42m funding from NatWest as it plans ‘aggressive growth strategy'

Property investment and development company MCR Property Group has secured a £42m funding deal with NatWest it says will support its “aggressive growth strategy”.

The Manchester developer, which also has offices in Birmingham, London and Glasgow,says the deal and its consolidation of lending through a singular facility with NatWest will allow it to develop commercial, residential, industrial and retail projects throughout the UK.

The company’s North West portfolio includes the Universal Square office campus in Devonshire Street, Manchester, home to over 50 businesses with 1,000 employees, and Dale House in Stockport. It has properties across the country, including Co