PRS REIT Plc (GB:PRSR) has released an update.
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PRS REIT Plc, a major player in the UK build-to-rent sector, is launching a strategic review to explore various options, including a potential sale, to enhance shareholder value. The company boasts a significant portfolio of 5,425 homes with strong occupancy and rent collection rates, amid a backdrop of growing demand for family rental homes. The formal sale process will allow interested parties to engage confidentially, though no specific offers have been made yet.
For further insights into GB:PRSR stock, check out TipRanks’ Stock Analysis page.