PRS REIT (PRSR) Ordinary

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 does not hold any portfolio of property assets.

The Fund is seeking to provide investors with an attractive level of income, together with the prospect of income and capital growth, through the establishment of a portfolio of newly-constructed residential rental homes in or near towns and cities in the UK for the private rented sector.The Company's portfolio of homes is targeted at the family market, which is the largest and growing segment within the private rented sector. The Company has targeted sites in the largest employment centres in England (outside London), predominantly in the Midlands and the North of England.

• Ongoing charge1.20%
• Annual management charge -
• Performance feeNo

Investment Adviser fee payable monthly in arrears calculated at the rate of i 0.90% p.a. of the adjusted NAV up to, and including, GBP 250m ii 0.85% in excess of GBP 250m and up to and including GBP 500m iii 0.70% in excess of GBP 500m and up to and including GBP 1bn iv 0.40% in excess of GBP 1bn and up to and including GBP 2bn v 0.30% in excess of GBP 2bn.