PRS REIT Plc (GB:PRSR) has released an update.
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PRS REIT plc has amended its Investment Advisory Agreement with Sigma PRS Management Ltd to include a ‘change of control’ provision, providing flexibility amidst a strategic review aimed at enhancing shareholder value. This modification comes as the company explores potential strategic options, including a possible sale, to maximize returns for investors. The partnership with Sigma continues to support PRS REIT’s strong portfolio performance and growth in the private rented sector.
For further insights into GB:PRSR stock, check out TipRanks’ Stock Analysis page.