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The PRS REIT plc (PRSR.L)

LSE - LSE Delayed price. Currency in GBp (0.01 GBP)
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79.20+0.70 (+0.89%)
At close: 04:37PM BST

The PRS REIT plc

Floor 3, 1 St Ann Street
Manchester M2 7LR
United Kingdom
44 333 999 9926
https://www.theprsreit.com

Sector(s)Real Estate
IndustryREIT - Residential
Full-time employees

Key executives

NameTitlePayExercisedYear born
Mr. Graham Fleming BarnetFounder & CEON/AN/A1963
Mr. Michael Scott McGill C.A., LL.B.Group Chief Financial OfficerN/AN/A1968
Mr. Mike ScottCorporate Development Director & Group Legal CounselN/AN/A1973
Mr. Jason BerryRegional Managing DirectorN/AN/AN/A
Amounts are as of , and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in GBp.

Description

The PRS REIT plc is a closed-ended real estate investment trust established to invest in the Private Rented Sector ("PRS") and to provide shareholders with an attractive level of income together with the potential for capital and income growth. The Company is investing over £1bn in a portfolio of high-quality homes for private rental across the regions, having raised a total of £0.56bn (gross) through its Initial Public Offering, on 31 May 2017 and subsequent fundraisings in February 2018 and September 2021. The UK Government's Homes England has supported the Company with direct investments. On 2 March 2021, the Company transferred its entire issued share capital to the premium listing segment of the Official List of the FCA and to the London Stock Exchange's premium segment of the Main Market. With over 5,200 new rental homes, the Company believes its portfolio is the largest build-to-rent single-family rental portfolio in the UK.

Corporate governance

The PRS REIT plc’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.