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IN BRIEF: PRS REIT acquires three building sites for GBP60 million

15th Dec 2021 19:28

PRS REIT PLC - real estate investment trust focusing on new-build family homes for the private rental market - Acquires three of five targeted sites for combined gross development cost of GBP60.3 million and are expected to deliver 383 new homes with an estimated rental value of GBP3.6 million per annum.

The two remaining sites are scheduled to be acquired during the first half of 2022.

Current stock price: 106.00 pence

Year-to-date change: up 38%

By Dayo Laniyan; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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Prs Reit
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