PRS REIT hikes Q2 dividend, continues to seek suitor
11th Feb 2025 09:01
(Sharecast News) - The PRS REIT declared an increased interim quarterly dividend of 1.1p per share for the second quarter of its financial year on Tuesday, up from 1p in the same period last year.
Read morePRS Reit reports rising rents as sale talks continue
20th Jan 2025 07:36
(Sharecast News) - Private rented sector investor PRS Reit has hailed a "continued strong portfolio performance" in its second quarter with estimated rental value (ERV) from completed homes rising over the three months to 31 December.
Read morePRS Reit in 'active discussions' with a number of potential buyers
3rd Dec 2024 09:30
(Sharecast News) - Close-ended real estate investment trust PRS has announced that it is in "active discussions" with potential bidders after the recent revelation that it was considering a sale.
Read moreJefferies downgrades Big Yellow and PRS in REIT sector review
12th Nov 2024 10:11
(Sharecast News) - Jefferies on Tuesday announced a number of ratings changes to its coverage of the UK real estate investment trust (REIT) sector, downgrading its recommendations for Big Yellow Group and PRS Reit but upgrading its stance on Landsec.
Read morePRS REIT amends agreement with adviser amid strategic review
11th Nov 2024 10:59
(Sharecast News) - Private rental sector-focussed new build investor PRS REIT announced an amendment to its investment advisory agreement with Sigma PRS Management, its investment adviser, on Monday.
Read morePRS REIT appoints financial adviser for strategic review
4th Nov 2024 11:47
(Sharecast News) - PRS REIT announced the appointment of Singer Capital Markets Advisory as its financial adviser for a strategic review and formal sale process on Monday, following its initial announcement on 23 October.
Read morePRS Reit launches review, could put itself up for sale
23rd Oct 2024 13:51
(Sharecast News) - PRS Reit said on Wednesday that it was launching a strategic review that could lead to it putting itself up for sale as it looks to enhance value for shareholders.
Read moreLondon close: Stocks finish lower on China stimulus disappointment
8th Oct 2024 16:06
(Sharecast News) - London markets ended Tuesday on a weaker note, weighed down by investor disappointment over the absence of new stimulus measures from China.
Read morePRS REIT reports strong growth in full-year revenue, profits
8th Oct 2024 08:00
(Sharecast News) - PRS REIT reported a strong set of full-year results on Tuesday, driven by solid asset performance and robust rental demand.
Read morePRS REIT chair to step down as part of shareholder-agreed changes
13th Sep 2024 13:04
(Sharecast News) - PRS REIT announced on Friday that it has reached an agreement with requisitioning shareholders, resulting in the withdrawal of a notice that called for a general meeting to approve certain board changes.
Read morePRS REIT shareholders seeking to replace chairman, director
29th Aug 2024 11:57
(Sharecast News) - PRS REIT announced the receipt of a requisition letter from a group of significant shareholders on Thursday, collectively holding 17.3% of its issued share capital.
Read moreReal estate group PRS reports strong Q4 performance
18th Jul 2024 07:41
(Sharecast News) - Private rented sector-focused real estate group PRS REIT said its portfolio performed "very strongly" over the final quarter of its financial year, with occupancy and rent collections at very high levels and arrears remaining low.
Read morePRS REIT extends, amends advisory agreements
9th Jul 2024 10:36
(Sharecast News) - PRS REIT announced on Tuesday that it has extended its investment advisory agreement and development management agreement with Sigma PRS Management, effective from 1 July.
Read moreDirector dealings: PRS REIT non-exec makes £71k investment
17th Oct 2022 15:15
(Sharecast News) - PRS REIT was in the green on Monday, after it revealed a share purchase worth over £70k made by a non-executive director.
Read morePRS REIT adds two new sites to portfolio
20th Sep 2018 10:47
(Sharecast News) - Closed-ended real estate investment trust, the PRS REIT, has acquired a development site for the construction of 145 new family rental homes with a gross development cost of £15.2m, it announced on Thursday, and purchased a newly-completed private rented sector site, comprising 63 family homes, for £10.3m.
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