PRS REIT Shareholders Approve Voluntary Liquidation and Delisting

The latest announcement is out from PRS REIT Plc ( (GB:PRSR) ).

The PRS REIT plc has received shareholder approval to place the company into members’ voluntary liquidation, with more than 99% of votes cast in favour of the resolution at a General Meeting. Licensed insolvency practitioners Gareth Rutt Morris and Jonathan Dunn of FRP Advisory Trading Limited have been appointed as joint liquidators and plan to distribute substantially all of the company’s net assets to shareholders as soon as practicable, while trading in the company’s shares has been suspended and the listing on the London Stock Exchange is expected to be cancelled from 6 January 2026. Following the vote, all current directors, including Chair Geeta Nanda, have resigned with immediate effect, marking a formal wind-down of the PRS REIT’s operations and its withdrawal from the public markets.

The most recent analyst rating on (GB:PRSR) stock is a Buy with a £128.00 price target. To see the full list of analyst forecasts on PRS REIT Plc stock, see the GB:PRSR Stock Forecast page.

Spark’s Take on GB:PRSR Stock

According to Spark, TipRanks’ AI Analyst, GB:PRSR is a Outperform.

PRS REIT Plc’s strong financial performance and attractive valuation are the primary drivers of its overall score. The company’s consistent revenue growth and robust cash flow generation provide a solid foundation. While technical indicators show short-term bullish momentum, caution is advised due to overbought signals. The absence of earnings call data and corporate events does not impact the score.

To see Spark’s full report on GB:PRSR stock, click here.

More about PRS REIT Plc

The PRS REIT plc is a real estate investment trust focused on the private rented sector, investing in and managing portfolios of residential rental properties. Its shares have been listed on the Official List and traded on the Main Market of the London Stock Exchange, providing investors with exposure to income and capital returns from professionally managed rental housing.

Average Trading Volume: 8,503,414

Technical Sentiment Signal: Strong Buy

Current Market Cap: £620.7M

See more data about PRSR stock on TipRanks’ Stock Analysis page.