Finance

PRS REIT closes in on portfolio target

By 2021-09-20T07:56:00

PRS REIT

PRS REIT made a significant stride towards its target of creating a portfolio of 5,200 rental homes in the 12 months to the end of June, as it added 243 new homes during the year.

The group now has a total portfolio of 4,227 completed homes with an estimated rental value (ERV) of £40.3m as of 31 August, with a further 828 homes contracted and at varying stages of the construction process.

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