PRS produces solid third quarter

PRS REIT

PRS REIT has posted a 37% in estimated rental value (ERV) over the past twelve months.

In its third quarter update to investors, the group said the annual ERV of the 4,616 completed homes in the portfolio at the end of March was £45.5m, compared to 3,590 homes with an ERV of £33.3m at the end of March 2021.

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