PRS REIT
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PRS REIT swells revenue, but profit plunges
Values “reduced significantly” but revenue for the year increased by 18%
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PRS refinances £150m RCF as £177m loan
REIT will take a £102m fixed-rate debt facility for 15 years, along with £75m of floating rate debt
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PRS REIT closes in on 5,000 homes
Geeta Nanda has been appointed SID, as profit falls 48%
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PRS REIT targets 5,600 homes as revenue and profit rise
The private rented sector REIT expects to hit 5,000 homes by the end of he year
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PRS REIT nears 5,000-home target as rent roll grows
The REIT’s ERV has grown by a third to £45.5m since this time last year
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PRS REIT focuses on completions as demand for homes surges
Firm’s profit almost doubled in the second half of 2021
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PRS REIT records strong occupancy levels and rent collection
PRS REIT’s completed homes up by 42% on 2020
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PRS REIT spends £60m on three schemes
The remaining two target sites will be bought early next year
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PRS REIT doubles revenue as profit soars
The REIT has boosted profit from £20m to £53.7m over the past year
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PRS REIT to raise £75m for new site deals
Six acquisitions with scope for 670 homes are being lined up
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PRS REIT eyes six new sites
REIT is exploring options to raise funds for acquisition pipeline
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PRS REIT on track to hit 5,200-home target
The private rental sector specialist added nearly 400 homes to its portfolio in the last quarter