PRS REIT Plc (GB:PRSR) has released an update.
The PRS REIT plc has announced its inclusion in the FTSE 250 Index, marking a milestone for the company and its successful build-to-rent model since its IPO in 2017. The company now boasts the UK’s largest portfolio of single-family rental homes, with over 5,400 properties, and expects to complete the portfolio with approximately 5,600 homes by early 2025, providing a stable yield and potential for growth to investors. This achievement is attributed to the support of stakeholders, with the company addressing the critical shortage of quality rental housing in the UK.
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