PRS REIT Plc (GB:PRSR) has released an update.
PRS REIT Plc, a major player in the UK build-to-rent sector, is launching a strategic review to explore various options, including a potential sale, to enhance shareholder value. The company boasts a significant portfolio of 5,425 homes with strong occupancy and rent collection rates, amid a backdrop of growing demand for family rental homes. The formal sale process will allow interested parties to engage confidentially, though no specific offers have been made yet.
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