PRS REIT reports progress during third quarter
Manchester-based PRS REIT, the closed-ended private rental sector real estate investment trust established to invest in new-build homes, reports further progress over the past three months to March 31.
During the period its concluded a second equity fundraising in February, secured a further £250m.
It also announced credit approved terms secured for £200m of debt from secure Scottish Widows and Lloyds Banking Group.
In terms of development activity, construction was commenced on nine new sites, with a combined gross develop... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
