PRS REIT Plc ( (GB:PRSR) ) just unveiled an announcement.
The PRS REIT plc reported strong portfolio performance for the third quarter ending 31 March 2025, with a nearly fully delivered portfolio of 5,443 completed homes and an estimated rental value of £69.6 million per annum. The company achieved a 101% rent collection rate and maintained a high physical occupancy rate of 96%. The strategic review and formal sale process are ongoing, with discussions about the company’s acquisition continuing, aiming to maximize shareholder value.
Spark’s Take on GB:PRSR Stock
According to Spark, TipRanks’ AI Analyst, GB:PRSR is a Outperform.
PRS REIT Plc scores well due to strong financial performance with robust cash flows and a solid balance sheet. Positive technical indicators and undervaluation add to its attractiveness. The strategic review and potential acquisition proposals highlight significant corporate developments, suggesting potential for enhanced shareholder value.
To see Spark’s full report on GB:PRSR stock, click here.
More about PRS REIT Plc
The PRS REIT plc is a closed-ended real estate investment trust focused on the private rented sector (PRS) in the UK. It invests in high-quality, new build family homes for private rental, aiming to provide shareholders with attractive income levels and potential capital growth. The company has invested over £1 billion in its portfolio and is supported by the UK Government’s Homes England. It is listed on the London Stock Exchange and is part of the FTSE 250 Index.
YTD Price Performance: 1.36%
Average Trading Volume: 854,372
Technical Sentiment Signal: Sell
Current Market Cap: £593.2M
For detailed information about PRSR stock, go to TipRanks’ Stock Analysis page.