PRS REIT aims to grow a Private-Rented Sector (“PRS”) portfolio in targeted locations around major UK conurbations through acquisition and forward funding of new build family homes. The investment adviser, Sigma Capital, is targeting a 6%+ stabilised dividend yield and 10%+ annual total returns. The fund is a London-listed REIT, launched in May 2017, with £250m equity. £135m capital has already been allocated with full allocation of equity expected by H1’18. The current fund has a £450m capacity ....
29 Sep 2017
N+1 Singer - The PRS REIT - 6%+ stabilised yield from bespoke PRS REIT
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N+1 Singer - The PRS REIT - 6%+ stabilised yield from bespoke PRS REIT
- Published:
29 Sep 2017 -
Author:
Andrew Watson -
Pages:
12
PRS REIT aims to grow a Private-Rented Sector (“PRS”) portfolio in targeted locations around major UK conurbations through acquisition and forward funding of new build family homes. The investment adviser, Sigma Capital, is targeting a 6%+ stabilised dividend yield and 10%+ annual total returns. The fund is a London-listed REIT, launched in May 2017, with £250m equity. £135m capital has already been allocated with full allocation of equity expected by H1’18. The current fund has a £450m capacity ....