UPDATE: PRS was sold to Waypoint Asset Management in late 2025 at around 115p per share.
PRS REIT (ticker: PRSR) was launched in 2017 with the aim of owning a portfolio of new-build homes for the UK rental market (often referred to as build-to-rent or BTR). Its current target is to own 5,700 homes and it is within touching distance of that now with around 4,800 homes across 68 sites and several hundred more in various stages of construction. However, progress since PRS's IPO has been slower than expected, firstly due to planning delays and then the pandemic. The initial long-term dividend tar...
This is a premium article for our subscribers.
Please log in below to read it, or find out how to join the Money Makers Circle.
For premium subscribers we periodically do interviews with fund managers and analysts about current market conditions and funds and markets (occasionally shares) that we invest in. This one is with Paul Bridge, CEO of Civitas Investment Management, which manages the Civitas Social Housing investment trust (ticker: CSH) and two other smaller funds. The trust's objective is to generate a sustainable and inflation-linked yield from acquiring and leasing social housing for those with long term care needs, a market that is growing and is set to grow further.
Why the interest in this trust? The i...
This is a premium article for our subscribers.
Please log in below to read it, or find out how to join the Money Makers Circle.
© 2026 Money Makers