PRS REIT posts maiden annual results


PRS REIT has revealed a £3.2m pre-tax profit in its maiden annual results for the 13 months since its float in May 2017.

The private rented sector specialist posted a rental income of £1.8m, and reported “significant” progress since its launch with £685m of funding deployed or committed in the period to June 30, 2018, rising to approximately £756m at September 30, 2018, which equates to around 5,100 new rental homes when completed.

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

Registration includes the following benefits:

  • Access up to four FREE articles 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

Four articles not enough? SUBSCRIBE for unlimited access to over 100 weekly articles and our comprehensive archive. For as little as £5 per week.

Registered users and subscribers SIGN IN here to continue