PRS REIT Plc Stock Company Profile
Information
1 St. Ann Street, Floor 3
Manchester M2 7LR
44 333 999 9926
www.theprsreit.com
Industry: REIT—Residential
Sector: Real Estate
Description
The PRS REIT plc is a closed-ended real estate investment trust established to invest in the Private Rented Sector and to provide shareholders with an attractive level of income together with the potential for capital and income growth. The Company is investing £0.9bn in a portfolio of high quality homes for private rental across the regions, having raised a total of £500m (gross) through its Initial Public Offering, on 31 May 2017, and a subsequent placing in February 2018. Both fundraisings were supported by the UK Government's Homes England with direct investments.