Prs Reit Share Discussion Threads

[le4r] 11/5/2017 06:29

On my list to look at over the w/e - thanks for highlight jonwig.DoD - doesn't the prospectus have an application form at the back? Apply for certificated shares and then dematerialise into HL after you've got your allocation if that's where you want to hold them? I did that with TRIG when I wanted to trim my position - I continue to hold my HICL in cert form so I can benefit from scrip.

[daveofdevon] 11/5/2017 06:19

I had a quick look around at the details of this one and might have been interested but one thing I notice is that none of the 1st division brokers (H-L in my case) are involved. Should this tell me something ?

[jonwig] 10/5/2017 05:37

Intermediaries Offer, closing date 23 May, dealings begin 31 May.

[jonwig] 10/5/2017 05:37

. .



The housing market is facing challenges on many fronts as recognised by the recent government white paper. Key amongst these are the twin issues of supply and cost, both creating a considerable barrier to entry for families and first time buyers alike, with the average deposit now payable by first time buyers representing 62%* of their annual salary. The private rented sector, which is the natural alternative for many of these would be buyers, is predominantly comprised of private, small scale ownerships providing stock of varying quality. The PRS REIT plc is creating a portfolio of newly constructed, professionally managed housing in popular, convenient locations at rents suitable for singles, couples and families.

The Company aims 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 private rented properties comprising mainly family homes, to be let on Assured Shorthold Tenancies to qualifying tenants. The properties will be located across multiple sites in key cities and towns across England with a focus on the main conurbations, and largest employment centres, outside of London. The locations closely follow the main road and rail infrastructure, including the proposed HS2 and HS3 rail network.