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BlackRock Increases Stake in PRS REIT

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PRS REIT Plc ( (GB:PRSR) ) has shared an announcement.

The PRS REIT Plc, a UK-based real estate investment trust, has announced a change in its major holdings due to BlackRock, Inc.’s acquisition of voting rights. BlackRock, a global investment management corporation based in the USA, has increased its total voting rights in PRS REIT to 6.28%, crossing the 5% threshold. This change in holdings reflects BlackRock’s strategic interest in the UK real estate sector and may influence PRS REIT’s future strategic decisions and shareholder dynamics.

More about PRS REIT Plc

YTD Price Performance: 6.62%

Average Trading Volume: 737,720

Technical Sentiment Signal: Sell

Current Market Cap: £623.9M

For a thorough assessment of PRSR stock, go to TipRanks’ Stock Analysis page.

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