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The PRS REIT plc (PRSR.L)

LSE - LSE Delayed price. Currency in GBp (0.01 GBP)
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91.90+0.90 (+0.99%)
At close: 06:01PM GMT

The PRS REIT plc

1 St. Ann Street
Floor 3
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 ScottCorp. Devel. Director & Group Legal CounselN/AN/A1973
Mr. Peter YoungDirector Residential Asset ManagementN/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 GBP 1bn in a portfolio of high quality homes for private rental across the regions, having raised a total of GBP 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. In 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. The Company has over 4,500 new rental homes in its portfolio, which the Company believes 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.