PRS REIT closes in on portfolio target

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.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article.

Sign up now for the following benefits:

  • Four FREE articles of your choice per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £6 per week.

Registered users and subscribers SIGN IN here to continue