Prs Reit Takeover Rumours (PRSR)

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Prs Reit Takeover Forum Posts

08-09-2022
PRS Reit was affected by sentiment in Commercial property sector, but is more insulated. As you correctly stated rising rents, full occupancy, new energy efficient homes & if tenants lose job, can claim housing benefit as rents in lower bracket. Obviously Commercial Landlords, do not have that safety net. I am hoping dividend next year will be raised from 4p as now portfolio almost complete. If shares stay at current level Lloyds Bank or Legal & General will swoop, probably have to pay at least £1.20 for takeover premium.
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P: V: D:20221207 16:41:48