The PRS REIT Company Description
The PRS REIT plc is a closed-ended real estate investment trust established to invest in the Private Rented Sector ("PRS") and to provide shareholders with an attractive level of income together with the potential for capital and income growth.
The Company is investing over £1bn in a portfolio of high-quality homes for private rental across the regions, having raised a total of £0.56bn (gross) through its Initial Public Offering, on 31 May 2017 and subsequent fundraisings in February 2018 and September 2021.
The UK Government's Homes England has supported the Company with direct investments. On 2 March 2021, the Company transferred its entire issued share capital to the premium listing segment of the Official List of the FCA and to the London Stock Exchange's premium segment of the Main Market.
With over 5,200 new rental homes, the Company believes its portfolio is the largest build-to-rent single-family rental portfolio in the UK.
Country | United Kingdom |
Founded | 2017 |
Industry | REIT - Residential |
Sector | Real Estate |
CEO | Graham Barnet |
Contact Details
Address: Floor 3, 1 St Ann Street Manchester, M2 7LR United Kingdom | |
Phone | 44 333 999 9926 |
Website | theprsreit.com |
Stock Details
Ticker Symbol | PRSR |
Exchange | London Stock Exchange |
Fiscal Year | July - June |
Reporting Currency | GBP |
ISIN Number | GB00BF01NH51 |
SIC Code | 6798 |
Key Executives
Name | Position |
---|---|
Graham Fleming Barnet | Founder and Chief Executive Officer |
Michael Scott McGill C.A., LL.B. | Group Chief Financial Officer |
Mike Scott | Corporate Development Director and Group Legal Counsel |
Jason Berry | Regional Managing Director |