Company Announcements

Q3 Dividend Declaration

Source: RNS
RNS Number : 3258H
PRS REIT PLC (The)
06 May 2025
 

PRSR.L

The PRS REIT plc

("the PRS REIT" or "the Company")

 

Q3 Dividend Declaration

 

The PRS REIT, the closed-ended real estate investment trust that invests in high-quality, new build, family homes in the private rented sector, is pleased to declare an interim quarterly dividend of 1.1 pence per ordinary share in respect of the third quarter (January-March 2025) of its current financial year ending 30 June 2025.

 

One hundred per cent. (1.1 pence per share) of the dividend will be paid as a Property Income Distribution.  

 

The dividend will be payable on or around 6 June 2025, to shareholders on the register on 16 May 2025. The ex-dividend date will be 15 May 2025. 

 

 

For further information, please contact:

 

The PRS REIT plc
Geeta Nanda, Non-Executive Director Chairwoman

 

Tel: 020 7496 3000 (c/o Singer Capital Markets)

 

Sigma PRS Management Ltd
Graham Barnet, Mike McGill

 

Tel: 0333 999 9926

Singer Capital Markets
James Moat, James Maxwell, Asha Chotai

 

Tel: 020 7496 3000

 

G10 Capital Limited (AIFM and part of IQ-EQ group)

Maria Baldwin

Tel: 0207 397 5450

 


KTZ Communications

Katie Tzouliadis, Robert Morton

Tel: 020 3178 6378

 

NOTES TO EDITORS

 

About The PRS REIT plc www.theprsreit.co.uk  

The PRS REIT plc is a closed-ended real estate investment trust established to invest in the Private Rented Sector ("PRS") and to provide shareholders with an attractive level of income together with the potential for capital and income growth. The Company is investing over £1bn in a portfolio of high-quality homes for private rental across the regions, having raised a total of £0.56bn (gross) through its Initial Public Offering, on 31 May 2017 and subsequent fundraisings in February 2018 and September 2021. The UK Government's Homes England has   supported the Company with direct investments. The Company is listed on the Closed-ended investment funds category of the FCA's Official List and its Ordinary Shares are traded on the London Stock Exchange's Main Market. It is a constituent of the FTSE 250 Index. With 5,443 new rental homes as at 31 March 2025, the Company believes its portfolio is the largest build-to-rent single-family rental portfolio in the UK. 

LEI: 21380037Q91HU97WZX58

 

About Sigma Capital Group Limited (formerly Sigma Capital Group plc) www.sigmacapital.co.uk

Sigma Capital Group Limited ("Sigma") is a build-to-rent ("BTR") regeneration specialist, with offices in Edinburgh, Manchester and London. The Company's principal focus is on the delivery of large-scale housing schemes for the private rented sector and Sigma is the UK's leading provider of BTR homes for the single family sector. The Company also has extensive experience in the delivery of multi-family apartment schemes and a well-established track record in assisting with property-related regeneration projects in the public sector, acting as a bridge between the public and private sectors.

 

Sigma has created an unrivalled property delivery and management platform, which has delivered or is in the process of delivering over 12,000 homes across the UK to date. The Company has a significant pipeline of development opportunities, which currently stands at over £3 billion in gross development cost.  Sigma manages the letting of completed homes through its property platform, which includes its award-winning rental brand 'Simple Life'. The Company's subsidiary, Sigma PRS Management Ltd, is Investment Adviser to The PRS REIT plc.

 

About Sigma PRS Management Ltd

Sigma PRS Management Ltd is a wholly-owned subsidiary of Sigma Capital Group Limited and is Investment Adviser to The PRS REIT plc. It sources investments and operationally manages the assets of The PRS REIT plc and advises the Alternative Investment Fund Manager ("AIFM") and The PRS REIT plc on a day-to-day basis in accordance with The PRS REIT plc's Investment Policy. The AIFM is G10 Capital Limited. Sigma PRS Management Ltd is an appointed representative of G10 Capital Limited, which is authorised and regulated by the Financial Conduct Authority (FRN:648953).

 

 

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