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PRS REIT (PRSR) Ordinary

Sell:107.50p Buy:108.00p 0 Change: 0.50p (0.47%)
Market closed Prices as at close on 19 January 2022 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:107.50p
Buy:108.00p
Change: 0.50p (0.47%)
Market closed Prices as at close on 19 January 2022 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:107.50p
Buy:108.00p
Change: 0.50p (0.47%)
Market closed Prices as at close on 19 January 2022 Prices delayed by at least 15 minutes | Switch to live prices |
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Objective

Seek to provide investors with an attractive level of income together with the prospect of income and capital growth through investment in a portfolio of newly constructed residential private rented sector sites of multiple units (PRS Units) comprising mainly family homes, to be let on Assured Shorthold Tenancies (as defined in the Housing Act 1988) to qualifying tenants.The Company is creating a portfolio of homes targeted at the family market, the largest cohort within the private rented sector, and therefore is investing predominantly in housing with the addition of some low rise apartments to provide both choice and wider market appeal, in the major conurbations and larger employment centres in the UK, predominantly England, outside London.

Top 10 holdings currently unavailable.

Top 10 sectors currently unavailable.

Top 10 countries currently unavailable.

Fee Structure

Investment Adviser fee payable monthly in arrears calculated at the rate of i 1% p.a. of the adjusted NAV up to, and including, GBP 250m ii 0.90% p.a. of the adjusted NAV in excess of GBP 250m and up to and including GBP 500m iii 0.75% p.a. of the adjusted NAV in excess of GBP 500m and up to and including GBP 1bn iv 0.50% p.a. of the adjusted NAV in excess of GBP 1bn and up to and including GBP 2bn v 0.40% p.a. of the Adjusted NAV in excess of GBP 2bn.

Dividend Policy

The Company intends to pay dividends to shareholders on a quarterly basis. Dividends declared on January, April, July, and October.

ASSET SPLIT

Total number of holdings: 45.

Trust Manager

Not Disclosed

Manager Bio

Not currently available for this investment trust.

Board Of Directors

Stephen SmithChairman, Jim Prower, Roderick MacRae, Geeta Nanda, Steffan Francis

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Objective, holding data, trust manager and bio information, dividend policy, asset split and fee structure are provided by Morningstar.

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.