Added to YB: 2025-09-16
Pitch date: 2025-09-12
PRSR.L [neutral]
The PRS REIT plc
+9.05%
current return
Author Info
No bio for this author
Company Info
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.
Market Cap
GBP 622.9M
Pitch Price
GBP 1.04
Price Target
N/A
Dividend
3.88%
EV/EBITDA
N/A
P/E
8.09
EV/Sales
15.48
Sector
Residential REITs
Category
special_situation
Theodosian Capital | PRSR – Enter KKR
PRSR.L (update): KKR joins strategic review alongside Long Harbour's 115p offer (vs 139.6p NAV). Tax on <3yr sites & debt break costs don't justify 24.6p NAV discount. Multiple bidders could drive better shareholder value. 4.4p dividend = 4.2% yield at 105p current price.
Read full article (1 min)