PRS REIT Plc (GB:PRSR) has released an update.
PRS REIT plc has amended its Investment Advisory Agreement with Sigma PRS Management Ltd to include a ‘change of control’ provision, providing flexibility amidst a strategic review aimed at enhancing shareholder value. This modification comes as the company explores potential strategic options, including a possible sale, to maximize returns for investors. The partnership with Sigma continues to support PRS REIT’s strong portfolio performance and growth in the private rented sector.
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