Sigma Capital continues to accelerate private-rented sector (“PRS”) development using both proprietary and 3rd party capital delivering 350 units to date, with c.1,000 units expected to be completed in 2016. Relationships with local authorities and housebuilding partners are being strengthened. £20m equity secured in 2015 is being deployed to create a retained asset base capturing value. We estimate 150p/share intrinsic value once all balance sheet funding capacity has been deployed.
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Accelerating delivery of PRS in 2016
- Published:
04 Jan 2016 -
Author:
Andrew Watson -
Pages:
4
Sigma Capital continues to accelerate private-rented sector (“PRS”) development using both proprietary and 3rd party capital delivering 350 units to date, with c.1,000 units expected to be completed in 2016. Relationships with local authorities and housebuilding partners are being strengthened. £20m equity secured in 2015 is being deployed to create a retained asset base capturing value. We estimate 150p/share intrinsic value once all balance sheet funding capacity has been deployed.