The PRS REIT plc (PRSR.L)

GBp 107.0

(0.56%)

Market Cap (In GBp)

587.69 Million

Revenue (In GBp)

58.42 Million

Net Income (In GBp)

93.67 Million

Avg. Volume

996.93 Thousand

Currency
GBp
Country
Real Estate
Open
-
Prev. Close
-
Day Range
-
Year Range
73.6-109.8
PE
-
EPS
-
Beta Value
0.547
ISIN
GB00BF01NH51
CUSIP
G7282R107
CIK
-
Shares
-
Earnings Annoncement
-

Company Profile

Sector
Real Estate
Industry
REIT - Residential
CEO
Mr. Graham Fleming Barnet
Employee Count
-
Website
https://www.theprsreit.com
Ipo Date
2017-05-31
Details
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 GBP 1bn in a portfolio of high quality homes for private rental across the regions, having raised a total of GBP 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. In 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. The Company has over 4,500 new rental homes in its portfolio, which the Company believes is the largest build-to-rent single family rental portfolio in the UK.