Sustained momentum through H2 draws the portfolio closer to stabilisation: 3,984 homes at Y/E vs an initial 5,200 target, with +394 delivered in Q4. PRSR is now closing in on run-rate cover of a 4p dividend (SCMe later this year) and on track for full stabilisation by mid-2022. Consistent delivery and income generation in the last 12m, which has not been without challenge, as well as embedded value and income growth in prospect provides an attractive inflation-linked return profile; with only a ....
14 Jul 2021
Sustained delivery in Q4, inflation-linked income
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Sustained delivery in Q4, inflation-linked income
PRS REIT Plc (PRSR:LON) | 79.2 0 0.0% | Mkt Cap: 434.7m
- Published:
14 Jul 2021 -
Author:
Andrew Watson | Paul Glover -
Pages:
3
Sustained momentum through H2 draws the portfolio closer to stabilisation: 3,984 homes at Y/E vs an initial 5,200 target, with +394 delivered in Q4. PRSR is now closing in on run-rate cover of a 4p dividend (SCMe later this year) and on track for full stabilisation by mid-2022. Consistent delivery and income generation in the last 12m, which has not been without challenge, as well as embedded value and income growth in prospect provides an attractive inflation-linked return profile; with only a ....