Jump to content

Aneel Mussarat

Add links
Page semi-protected
From Wikipedia, the free encyclopedia
(Redirected from MCR Property Group)

Aneel Mussarat
Born (1969-11-06) November 6, 1969 (age 55)
Manchester, England
NationalityBritish
OccupationReal estate developer Philanthropist
TitleFounder of MCR Property Group
SpouseMehr Mussarat
Children4

Aneel Mussarat[1] is a British businessman,[2] philanthropist and founder of MCR Property Group.[3][4][1]

Born and raised in Manchester, Aneel began building a career in real estate shortly after leaving school. He founded MCR Property Group in 1989 and turned it into one of the country's best known developers with a track record of creating in excess of £5bn worth of residential and commercial projects. The Manchester-based company creates thousands of homes annually and currently employs 325 full-time employees. The group's combined holdings place it amongst the largest property groups in the North West along with Peel Holdings and Bruntwood.[5]

In 2017 Aneel founded the Rafay Mussarat Foundation — named after his son, Rafay, and his late father[6] — with a mission to tackle homelessness and provide vital healthcare and education to those trapped by poverty. The foundation operates in the UK, as well as in Pakistan. His work in Bangladesh led to an invitation to speak before the European parliament in 2018. MEP Amjad Bashir — who helped arrange the trip — told a session of the parliament in June that year that Aneel's work had been “amazing” and that he was “ashamed” of the international community's efforts in comparison.

Early life

Aneel was born in Manchester in November 1969 and is of Pakistani heritage.[7] After completing high school, Aneel started to buy, renovate and rent out properties in Manchester.[8]

Career

After completing high school, Aneel started to buy, renovate and rent out properties in Manchester and bought his first property at the age of 18. In 1989 Aneel founded Classic Homes.[9] Having earned the title “Student Housing Magnate” following on from the notable “Student Villages” project,[10] Aneel went on to found MCR Property Group, with their first purchase of Manchester city centre office blocks.[11]

By 2008 Mussarat's personal fortune was report to be £208 million[12] and saw him rank in the Sunday Times Rich List.

In 2005 Manchester Council had to apply for an injunction to stop Classic Homes demolishing a Whalley Range house that had tenants living in it.[13]

Politics

Aneel Mussarat became affiliated with Pakistan-based political party Pakistan Tehreek-e-Insaf in 2012 and has done considerable fundraising for them in the United Kingdom.[14] Due to Mussarat's background in real estate development, he has advised Imran Khan on a key manifesto pledge, which was to implement a policy framework for building 5 million homes in Pakistan by the year 2023.[15]

Philanthropy

In 2017 Aneel founded the Rafay Mussarat foundation. The Foundation's mission is to tackle homelessness and provide vital healthcare and education to those trapped by poverty. The foundation operates in the UK and Pakistan.

Aneel has personally financially contributed £3.5 million to the foundation and is very hands-on. Aneel attends weekly meetings with the foundation team, directing its activities and regularly makes trips overseas to assess potential projects.

In 2021, Aneel's Foundation began a £2million programme of building homeless shelters in Manchester, with Manchester City Council advising on delivery. The Foundation will deliver 1,000 places for homeless people by 2022, the aim being to combat drug and alcohol dependency and reintegrate those affected back into mainstream society.

In 2021, it partnered with the council during Ramadan to deliver food packages, clothing and sleeping bags. At the same time, it partnered with the Manchester-based charity Smile Aid to distribute 100,000 meals through food banks in Manchester's deprived Longsight area.

The Rafay Mussarat foundation has partnered with Minhaj Welfare Foundation to provide aid to Rohingya refugees during the Rohingya crisis.[16] The foundation also conducted peace walks after the Manchester Arena terrorist attack. The walk began outside the Arena and continued towards St. Anne's Square where flowers, balloons, cards and candles were laid in memory of those who died.

Elsewhere in the UK, the Foundation has been a key donor to some of the country's best known charities, including National Autistic Society and Citizens Advice.[17]

In Bangladesh, the foundation has delivered humanitarian aid. During three trips to the territory, Aneel and the Foundation delivered more than 1,037,000 meals to the refugees in Cox Bazar, Bangladesh, in addition to such essentials as dental hygiene supplies, healthcare provisions and camping equipment, simple items that are essential in making their stay more comfortable, ensuring the quality of life is raised during a horrendous ordeal.

His work all led to an invitation to speak before the European parliament in 2018. MEP Amjad Bashir — who helped arrange the trip — told a session of the parliament in June that year that Aneel's work had been “amazing” and that he was “ashamed” of the international community's efforts in comparison.

In Pakistan the foundation has sponsored healthcare, having recently pledged to develop nine free-to-use hospitals in Pakistan, and already runs a free eye and general hospital. The first of these hospitals is expected to welcome patients in 2023 with the other eight all being completed over the next decade. It is estimated that up to 10m people will benefit from these vital new facilities.

Between 2019 and 2021, the Foundation distributed over 30,000 food packages to Pakistan's poor — each designed to feed a family of five for a month. The Foundation also provides financial support to the Namal Institute in Mianwali District, Punjab.

Personal life

Mussarat is married, and has 4 children. He lives in Cheshire. He is a Sunni Muslim [18]

Awards and recognition

In 2008, Mussarat was listed on the Sunday Times Rich List, and ranked the 550th richest person in the United Kingdom.[19] He was also awarded Businessman of the Year, at the British Muslim Awards in 2013.[18][20]

In 2018, he received an honour for his business and philanthropic work at the Greater Manchester Business Leaders Dinner & Awards for his work in founding the Rafay Mussarat Foundation and his ongoing work to provide aid for Rohingya people.[21][22]

In 2019, Mussarat was nominated in the category of Businessman of the Year in the English Asian Business Awards.[23]

See also

References

  1. ^ a b "Aneel MUSSARAT - Personal Appointments (free information from Companies House)". beta.companieshouse.gov.uk. Retrieved 17 January 2020.
  2. ^ Swaine, Jon (19 November 2008). "First British Asian billionaires defy the downturn". ISSN 0307-1235. Retrieved 26 June 2019.
  3. ^ Houghton, Alistair (8 January 2019). "Stalled Everton student block could be finished THIS YEAR as sale agreed". liverpoolecho. Retrieved 26 June 2019.
  4. ^ Thame, David (13 July 2017). "Manchester-based property group buys Rochdale shopping centre". men. Retrieved 26 June 2019.
  5. ^ MCR, Property Group (10 January 2022). "MCR Property - Who We Are". MCR Property.
  6. ^ "Success in business, British-Pakistan Relations and Opportunities for the Future". British Pakistan Foundation. 6 October 2020. Retrieved 10 January 2022.
  7. ^ Shah, Murtaza Ali (6 October 2018). "5m homes project will reinvigorate economy, says PM's close aide". The News. Retrieved 30 March 2021.
  8. ^ Rehman, Atika (21 October 2019). "I have zero investment in PTI's housing scheme: Aneel Mussarat". Dawn. Retrieved 30 March 2021.
  9. ^ "Mussarat move". 15 February 2007. Retrieved 29 November 2018.
  10. ^ "Mussarat move". Manchester Evening News. 15 February 2007. Retrieved 11 January 2022.
  11. ^ cprogress. "The Board – MCR Property". Retrieved 17 January 2020.
  12. ^ "First British Asian billionaires defy the downturn". The Telegraph. 19 November 2008. Retrieved 26 June 2024.
  13. ^ "Open house". Manchester Evening News. 13 October 2005. Retrieved 17 August 2024.
  14. ^ Ali, Haider (3 August 2018). "Imran Khan's billionaire friend Aneel Musarrat captured alongside Akshay Kumar". Retrieved 29 November 2018.
  15. ^ "UK's real estate tycoon arrives in Islamabad to help PM on 5 million housing project". ARY News. 10 September 2018. Retrieved 29 November 2018.
  16. ^ "Minhaj Welfare Foundation (MWF) - Aneel Mussarat". facebook.com. 22 December 2017. Retrieved 28 November 2018.
  17. ^ cprogress. "Charity – MCR Property". Retrieved 17 January 2020.
  18. ^ a b "Winners honoured at British Muslim Awards". Asian Image. 31 January 2013. Retrieved 28 November 2018.
  19. ^ "Aneel Mussarat". The Sunday Times. 27 April 2008. Retrieved 28 November 2018.
  20. ^ Begum, Shelina (31 January 2013). "British Muslims honoured at celebration event". men. Retrieved 26 June 2019.
  21. ^ Begum, Shelina (10 December 2018). "Property tycoon Aneel Musarrat honoured for charity work". men. Retrieved 26 June 2019.
  22. ^ "Celebrating the very best of the region's Asian business enterprise". www.oldham-chronicle.co.uk. Retrieved 26 June 2019.
  23. ^ "8th English Asian Business Awards come to Manchester". Asian Image. Retrieved 26 June 2019.

Sources

Retrieved from "https://en.wikipedia.org/w/index.php?title=Aneel_Mussarat&oldid=1255347992"